Billy Beane, the 59-year-old American who became famous for his ‘Moneyball’ approach, has teamed up with US investment firm RedBird Capital Partners led by Gerry Cardinale to form RedBall Acquisition Corp to buy Chelsea from Roman Abramovich.
According to ESPN, he has teamed up with US investment firm RedBird Capital Partners led by Gerry Cardinale to form RedBall Acquisition Corp.
If they do successfully acquire the club from Abramovich, it is thought their vision is to create a business “which complements the management team’s expertise and will benefit from its strategic and hands-on operational leadership”.
Abramovich has put Chelsea on the market for £3billion after 19 years as owner of the club.
Read more: The Sun
