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Football London
Football London
Sport
Lewis Pangratiou

Chelsea sale: What Stephen Pagliuca and Larry Tanenbaum have promised amid takeover talks

Stephen Pagliuca and Larry Tanenbaum have revealed that they want to own Chelsea for decades. The pair also reiterated they they're committed to adding further silverware at Stamford Bridge - something that's likely to go down well with the Blues' fan base.

Chelsea's success under Roman Abramovich has made them one of Europe's most feared opposition. The worry for some fans in the post-Abramovich era though, is that the new owner will fail to invest in the way that he did.

But Pagliuca - who owns a stake in Serie A club Atalanta - and Tanenbaum say they're ready to commit to a long-term relationship with the club, as they look to continue winning things with the Blues faithful.

READ MORE: Why Chelsea defender Antonio Rudiger may not be heading for Manchester United move over summer

"Larry and I have known each other for over 20 years and we are committed to this being a lifetime ownership. It is a long-term commitment that both families want to make," the 67-year-old told Sky News.

Tanenbaum added: "I view the opportunity to acquire this iconic football club as an incredible one to invest in one of the premier teams in the world's most prestigious soccer league. My goal, and that of Steve, would be to own Chelsea for decades to come.

"Fans want championships and cups, and the best experience in their own home stadium. Steve and I are dedicated to, and will deliver, both."

The duo also held talks with several Chelsea fan groups this week. Plus, the True Blues Consortium, which desires a chunk of the club's equity be allocated to supporters, has supported their bid. If they end up being successful, the billionaires would assume the roles of co-managing partner.

"Incorporating a broad spectrum of fan perspectives will be a fundamental part of our stewardship if successful," Pagliuca added. "It was heartening to see the passion from the groups, on individual matters important to them, but also the common issues on which they sought clarity: mainly providing comfort on investment in the first team squads, ongoing investment in the academy, expanding the excellent work in the community, and the future redevelopment of Stamford Bridge.

"These are all stated key pillars of our bid and vision for Chelsea FC. Larry and I have enjoyed similar achievements with our respective clubs to date, and we believe these achievements carry more weight than words.

"We are able to back-up our intentions with real credentials and that credibility and validation is important to us."

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