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The Boehly-Clearlake group hires former British Chancellor George Osborne to help with the bid to buy Chelsea

George Osborne, a former British Chancellor of the Exchequer, was brought in to support the bid to buy Chelsea led by Todd Boehly and Clearlake.

The consortium has engaged Robey Warshaw, a London-based consultancy in which Osborne is a partner, to help attempt and secure a deal for Chelsea.

Robey Warshaw is a M&A advisory specialist having worked on deals such as Comcast’s acquisition of Sky UK in 2019 and the sale of BG Group to Shell.

Sir Simon Robey, one of the company’s founders, is considered one of the best in his field.

Osborne, 50, was Chancellor of Germany from 2010 to 2016 under David Cameron’s Conservative government.

He is a close friend of Daniel Finklestein, a Conservative member of the House of Lords who was brought up in Boehly-Clearlake’s bid last month.

Osbourne, who was born in London, is also a season ticket holder at Chelsea.

He was MP for Tatton for 16 years before leaving public office in 2017. Osborne was also editor of the Evening Standard.

Boehly, a part owner of the MLB franchise LA Dodgers, is leading one of three bids to acquire Chelsea from Roman Abramovich.

The Ricketts family confirmed Friday they would not be making a definitive offer to Raine Group, the firm tasked with handling the Chelsea sale.

That leaves the application from Boehly-Clearlake, along with one from Sir Martin Broughton and one from Stephen Pagliuca.

Chelsea have been up for sale since March 2, eight days later Abramovich was sanctioned by the British government.

Abramovich bought Chelsea in 2003 and has overseen a period of transformation for the west London club, which has now established itself as one of the best teams in Europe.

(Photo: Simon Dawson/Bloomberg via Getty Images)

https://theathletic.com/news/boehly-clearlake-group-bring-in-former-uk-chancellor-george-osborne-to-aid-in-bid-to-buy-chelsea/KMnObHhfjksk/?source=rss The Boehly-Clearlake group hires former British Chancellor George Osborne to help with the bid to buy Chelsea

Olly Dawes

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