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Fri 18 March 2022 | 12:48

John Terry's consortium wants 10% stake in Chelsea

John Terry intends to sell 10% of the club's shares in the NFT to the fans.

Chelsea

legend John Terry and former women's team player Claire Rafferty are trying to buy a 10% stake in the club by raising a £250 million consortium called True Blue.

Terry, who has recently entered the world of NFTs, intends to provide a token for fans, players and technical staff to receive a voting fee of € 100. However, they will not be able to buy all the shares of the club and compete with American, British and Saudi investors.

Although the True Blue consortium is led by two former club players, there are others involved. According to Goal, one of the key figures in supporting the move is Tory party prominent David Miller and his son Jonathan. iTech Media founder Harley Kisberg and several other prominent financiers also support the consortium.

But the main issue is the support of the fans that will make this project a success. The consortium will be able to buy shares in the club if Chelsea fans start buying tokens. In exchange for buying tokens, they will be given the right to vote on issues related to the club's identity, such as clothing, stadiums, playing in various leagues.

The issue that was recently decided was the presence in the Super League, which was mostly opposed by the British, and the clubs also announced their withdrawal from the project.

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