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Rockets owner Tilman Fertitta’s true feelings on making bid for Premier League club Chelsea

Tilman Fertitta, Rockets, Chelsea

Chelsea FC is up for sale, and a boatload of different businessmen are keen on buying the club. One figure who has reportedly been interested in doing so is Houston Rockets owner Tilman Fertitta.

However, per Jonathan Feigen of The Houston Chronicle, Fertitta is undecided on if he’ll make a bid or not:

Rockets owner Tilman Fertitta has not reached a decision whether to bid on English Premier League power Chelsea.

Fertitta’s organization is in the “due diligence stage,” a person with knowledge of the process said in response to a Sky News report Monday that Fertitta was given access to the data room of the club that is for sale.

Fertitta has had similar “due diligence” looks at a variety of other teams and clubs in the past 12 months, the person with knowledge of the organization said. The Fertitta family has been interested in other sports franchises, focusing on elite brands, from top leagues such as MLB, NFL or EPL over the past year but had not opted to make bids.

As mentioned, a report came out on Monday that Chelsea had given Fertitta access to an in-depth look at data, club finances, and more. Whether he decides to try and buy the team or not though, Fertitta will face a ton of competition, especially from the US. The Ricketts family, who own the Cubs, are one potential suitor, while Los Angeles Dodgers part-owner Todd Boehly is another. There’s also a Saudi Arabian consortium and a Swiss billionaire who are interested.

Chelsea was put up for sale recently after Roman Abramovich gave up control of the club because of his connections to Vladimir Putin. The UK government also came down hard on Abramovich, who has been in charge of the Blues for 19 years.