London Daily

Focus on the big picture.
Saturday, Aug 15, 2026

Chelsea FC sale: Brewing heir Santo Domingo backs Broughton bid

Chelsea FC sale: Brewing heir Santo Domingo backs Broughton bid

Alejandro Santo Domingo, part of the AB InBev global brewing dynasty, has agreed to back the bid for Chelsea FC tabled by Sir Martin Broughton.

A billionaire brewing heir is backing one of the trio of consortia which remain in the hunt to buy Chelsea FC as the auction of the Premier League club enters its final stages.

Sky News has learnt that Alejandro Santo Domingo, a Colombian citizen who sits on the board of the Budweiser-owner ABInBev, is part of the investor group assembled by Sir Martin Broughton, the former Liverpool FC and British Airways chairman.

Insiders said on Monday that Mr Santo Domingo, who is estimated by Forbes magazine to be worth more than $2.5bn, would become a minority shareholder in Chelsea if the consortium spearheaded by Sir Martin is successful.

He was a director of SABMiller, the FTSE-100 beer giant, prior to its £78bn takeover in 2016 by AB InBev, and now serves on a string of corporate boards.

Mr Santo Domingo has joined arguably the most cosmopolitan of the three remaining bidders, with the Indian-born businessman Vivek Ranadive and the US-based private equity billionaires Josh Harris and Dave Blitzer also part of the British-led group.

A spokesman for the consortium declined to comment on Mr Santo Domingo's involvement.

Russian billionaire and owner of Chelsea football club Roman Abramovich has been sanctioned by the Government


Preferred bidder could be named this month


Sir Martin's bid is being advised by Michael Klein, an investment banker who worked with him when he was parachuted in as chairman of Liverpool FC in 2010.

It has support from Creative Artists Agency, the global talent management agency, and Evolution Media Capital, a sports advisory and financing partnership.

Lord Coe - who, like Sir Martin, is a long-standing Chelsea fan - has also thrown his weight behind the bid.

Mr Santo Domingo's interest has emerged days after the deadline for final offers for Chelsea, with a preferred bidder potentially being identified as soon as this month.

Sky News revealed at the weekend that George Osborne, the former chancellor, had been parachuted in to help the Los Angeles Dodgers part-owner Todd Boehly's bid for the Blues, which has been lodged with substantial financial backing from the San Francisco-based investment firm Clearlake Capital.

The preferred bidder for the Stamford Bridge club could be named this month


Club's future in hands of ministers after Abramovich sanctioning


The auction of Chelsea has become arguably the most politically charged sports deal in British history, eclipsing even the controversial takeover of Newcastle United by a Saudi sovereign wealth fund-led consortium.

Roman Abramovich's sanctioning by the government and disqualification by the Premier League as a director of the club he has owned since 2003 has left the Stamford Bridge outfit's fate in the hands of ministers.

Raine Group, the merchant bank handling the sale, will be responsible for recommending a preferred bidder to the government in order to secure a special licence approving the sale.

The field of suitors for Chelsea shrank from four to three last week when a consortium involving the Chicago Cubs-owning Ricketts family, the Cleveland Cavaliers owner Dan Gilbert and the hedge fund billionaire Ken Griffin withdrew from the process.

Its decision left the consortium headed by Sir Martin competing against that of Mr Boehly and a rival offer headed by Steve Pagliuca, the Boston Celtics co-owner, and Larry Tanenbaum, the NBA chairman who owns elite sports teams spanning football, basketball and ice hockey.

The True Blues Consortium - a Chelsea supporters' group which counts former Blues captain John Terry among its founders - has thrown its weight behind Mr Pagliuca's bid.

Chelsea's Kai Havertz seen lifting the UEFA Champions League trophy


Final bids could see Chelsea value break record


More than 10,000 Chelsea fans have expressed an interest in owning shares worth more than £150m as part of the deal that will see Mr Abramovich replaced as the club's owner.

Final bids, which were expected to value Chelsea at more than £2.5bn - which would break the record for a sports club takeover - were tabled last Thursday.

If selected in time, a preferred bidder will have an FA Cup Final between Chelsea and Liverpool to look forward to, although an at times lacklustre season in the Premier League and last week's elimination from the Champions League have raised the prospect of a trophyless campaign at Stamford Bridge.

Sunday's semi-final was against Crystal Palace, which for the time being is backed by Mr Harris and Mr Blitzer - both of whom would have to sell their shares in order to invest in Chelsea.

Sources close to the remaining bidders say that Raine has told them it may await clearance from the Premier League for all of the consortia before presenting a preferred bidder to ministers.

Scrutiny of the four bids by English football's top flight has already got under way after the remaining consortia submitted details of their key investors to Raine more than two weeks ago.

The Premier League is expected to take the remainder of this month to evaluate those involved in the bids - who include a string of US billionaires and pillars of the British corporate establishment - and its work to approve all three consortia means the sale process may need to be extended.

The auction of Chelsea has become arguably the most politically charged sports deal in British history.


Premier League magnet for financiers from across the Atlantic


All the bidders have been told to provide legal undertakings that they will guarantee at least £1bn of investment in the club's infrastructure, its academy and women's team if they buy it.

The sale process has been complicated by the sanctions against Mr Abramovich, but has not inhibited interest from a multitude of billionaires who either control or own stakes in a legion of North American teams spanning baseball, basketball and ice hockey.

The cluster of bidders underlines the extent to which the English Premier League has become a magnet for financiers from across the Atlantic during the past 20 years.

Arsenal, Liverpool and Manchester United have all been acquired by US-based businessmen during that period, and a significant number of other top-flight clubs also have American backing.

War in Ukraine's impact on Chelsea


Last season's Champions League-winners have been thrown into disarray by Russia's war on Ukraine, with Mr Abramovich initially proposing to place the club in the care of its foundation and then formally putting it up for sale.

Prior to being sanctioned, Mr Abramovich had said he intended to write off a £1.5bn loan to the club and hand the net proceeds from the sale to a new charity that he would set up to benefit the victims of the war in Ukraine.

A rapid conclusion to the auction sale is seen as essential if Chelsea is to avert the post-season uncertainty that would trigger the break-up of one of the top flight's most valuable playing squads.

Mr Abramovich had initially slapped a £3bn price tag on the Stamford Bridge outfit, with the net proceeds being donated to a charitable foundation set up to benefit the victims of the war in Ukraine.

Newsletter

Related Articles

0:00
0:00
Close
UK and Finland Discuss European Defence and Continued Support for Ukraine
Nigel Farage Wins Clacton By-Election to Return to the House of Commons
UK Government Deploys Military to Help Fight Wildfires and Bans Disposable Barbecues
UK Records Hottest Day of the Year as Fifth Summer Heatwave Peaks in Southern England
UK Condemns Houthi Actions and Warns of Red Sea Threat to Global Trade
UK and Solomon Islands Open Wildlife Photography Exhibition in Honiara
UK Small Businesses Face Continued Cash Flow and Tax Pressures
Greatham Marsh Restoration Restores Tidal Wetland in Hartlepool After More Than 200 Years
UK Health Regulator Urges University Students to Check Meningitis and Measles Vaccination Status
Mining Remediation Authority Completes Major Ground Stabilization Works in Scottish Community
UK Food Crime Investigators Seize 33 Tonnes of Illegal Food in Multi-Agency Operation
Technical Qualification Uptake Hits Record High as Advanced Mathematics Results Improve
UK Summer Temperatures on Course to Challenge Long-Standing Records, Met Office Says
UK Farmers Bring Forward Cereal Harvests as Drought Threatens Yields
Wildfires Surge Across England and Wales as Fire Chiefs Report Record July
UK Nurses Warn of Heat Risks as Hospital Staff Struggle With Extreme Temperatures
Southern Water Seeks Drought Order for Hampshire and Isle of Wight Amid Water Shortages
UK Heatwave Pushes West London Temperature to 38.1 Degrees as Health Alerts Continue
UK Economy Grows 0.4% in Second Quarter Despite Global Uncertainty
China’s Kimi Launches AI-Focused Credit Card With Agricultural Bank of China and American Express
UK Residents Gather to Watch Rare Partial Solar Eclipse
Reform UK Deputy Leader Richard Tice Faces Criticism Over Legal Threat Against Guardian Journalist
Michael Forsyth Elected Speaker of the House of Lords
Cambridge Researchers Launch £20 Million Human Organoid Drug Testing Programme
Heathrow Loses European Passenger Traffic Lead to Istanbul Airport
Households Near New UK Electricity Pylons to Receive £250 Annual Energy Bill Discount
UK Government Estimates Zero-Hours Contract Ban Could Cost Employers Up to £3 Billion a Year
Robert Jenrick Leaves Conservatives for Reform UK in Major Parliamentary Defection
UK Police Chiefs Urge Government to Block Early Release of Andrew Harper Killers
UK Government Holds Emergency Cobra Meeting as Drought and Heatwave Raise Wildfire Risks
Former Labour Adviser Arrested on Suspicion of Spying for China Held Privileged Access as Top Party Donor
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
Donald Trump Warns FIFA Against Ousting Gianni Infantino Amid Revolt by Global Football Leaders
Jeff Bezos Joins Investor Group Closing In on $6 Billion Liverpool FC Stake
Police Conduct Cross-Border Raids Against Northern England Drug Network
Nicola Sturgeon Protested at Edinburgh Festival Fringe Event
Major UK Retail Chain Enters Administration With One Hundred Fifty-Four Stores Set to Close
Heathrow Renews Call for Runway Expansion After Losing Europe’s Busiest Airport Ranking
Government Condemns One Million Pound Thames Water Executive Bonus Amid Drought
NHS England Says More Than One Hundred Thousand Hepatitis C Patients Have Been Cured
UK Foreign Secretary Ed Miliband Calls for End to West Bank Settler Violence
UK Prepares for Deepest Partial Solar Eclipse Since Nineteen Ninety-Nine
UK Heatwave Triggers Amber Health Alerts as Economic Losses Reach Four Point Four Billion Pounds
UK Offers Electricity Bill Discounts to Communities Hosting New Power Infrastructure
Bank of England Expected to Hold Interest Rates at Three Point Seven Five Percent
UK Government Moves to Ban Subscription Traps and Misleading Retail Discounts
Andy Burnham Gives Councils New Powers to Block Betting and Vape Shops
UK Councils to Receive Sweeping Planning Powers to Ban New Vape and Betting Shops
Nicola Sturgeon Says She Has No Contact With Estranged Husband After SNP Embezzlement Case
Police Arrest Two Men After Aberdeenshire Defense Technology Office Break-In
×