Jets owner Woody Johnson wants to buy Chelsea
New York Jets owner Robert “Woody” Johnson is reportedly preparing to buy Chelsea.
Johnson prepares bid to try to buy English Premier League club according to ESPN’s Adam Schefter. According to the report, Johnson has already spoken to Raine Group, which is organizing bids to sell the club. It’s unclear what his offer will be like and who else is trying to buy the club.
Current Chelsea owner Roman Abramovich has stated he is ready to sell the team after Russia invades Ukraine. The Russian oligarch – who has come under pressure since the invasion and is said to be close to Russian President Vladimir Putin – has owned the club since 2003. He is reportedly looking for at least $2.5 billion.
The Johnson family bought the Jets in 2000 for $635 million. Woody’s brother Christopher previously served as the team’s chairman and CEO. Woody recently served as the United States Ambassador to the United Kingdom during President Donald Trump’s administration and is now the team’s chair.
If Johnson succeeds, he would be the latest NFL owner to jump into the EPL. Los Angeles Rams owner Stan Kroenke owns Arsenal FC and Jacksonville Jaguars owner Shad Khan owns Fulham FC. The Glazer family, who own the Tampa Bay Buccaneers, also own Manchester United. Jed York, owner of the San Francisco 49ers, also has a minority stake in Leeds United. Los Angeles Lakers star LeBron James also owns a minority stake in Liverpool FC.