Boston Celtics owner Steve Pagliuca and NBA chief Larry Tanenbaum commit to a 'lifetime ownership' of Chelsea if they are picked to buy the club from Roman Abramovich and vow to add to the club's trophy collection

Daily Mail | April 20, 2022

Steve Pagliuca and Larry Tanenbaum have committed to 'lifetime ownership' of Chelsea if their joint bid to buy the club is successful.

Pagliuca, co-owner of the Boston Celtics basketball team, and Tanenbaum, who backs the Toronto Maple Leafs, also promised to add to the stream of trophies won under Roman Abramovich.

The other groups in the running are one led by Sir Martin Broughton, the former Liverpool chairman, and another by LA Dodgers part-owner Todd Boehly.

Steve Pagliuca (pic) has confirmed NBA chairman Larry Tanenbaum as co-managing partner in the Boston Celtics co-owner's bid to buy Chelsea

Celtics chief Pagliuca hailed Toronto Maple Leafs and Raptors owner Tanenbaum (pic) as a 'world-class individual'

Steve Pagliuca (left) has confirmed NBA chairman Larry Tanenbaum (right) as co-managing partner in the Boston Celtics co-owner's bid to buy Chelsea

All four bidders looking to buy Chelsea say their offers will be entirely funded by cash

Pagliuca, who also owns a stake in Serie A side Atalanta, said: 'Larry and I have known each other for over 20 years and we are committed to this being a lifetime ownership.