By Kieran Maguire

24th Sep, 2023 | 12:36pm

Kieran Maguire questions 'strange' John Terry twist at Chelsea - 'it makes no sense'

It ‘makes no sense’ for John Terry to buy a minority stake in Chelsea as the club is losing money on a weekly basis.

That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that it is ‘strange’ to see Terry’s interest in investing in his former club.

As reported by The Telegraph, Terry is considering an offer to buy a 10 per cent stake in Chelsea as part of a wider investment group.

The offer includes incorporating fan investment through the online technology platform PrimaryBid.

Chelsea recently struck a deal with US-based group Ares Management to invest £400million into the club, but additional investment could be welcomed by Todd Boehly.

Maguire believes Chelsea should be ‘cautious’ about working with Terry given his investment history, but admits that his legend status at Stamford Bridge could bridge a gap between fans and the board.

“This does seem a bit strange,” Maguire told Football Insider’s Sean Fisher.

“Given John Terry’s record in terms of investments, I think Chelsea should be cautious.

“Having somebody who is connected to the club can work at times, but we’ve seen that the Clearlake Group can be fairly ruthless.

“This could be an attempt by Todd Boehly to increase their level of credibility with the Chelsea fanbase as John Terry still has legend status at Stamford Bridge.

“But from a business point of view, it makes no sense.

“A minority shareholder means that you don’t have any decision-making power.

“Given Chelsea’s value, we’re talking around £300million for a 10 per cent stake.

“What exactly are you getting in return for that given that Chelsea have lost £900,000 a week under the Abramovich regime with no signs of turning that around?“

In other news, Chelsea step up takeover talks after £400m development