Chelsea bidders reveal new details as sale process heats up
Britain Soccer Premier League Chelsea's Mason Mount celebrates after scoring his side's sixth goal during the English Premier League soccer match between Southampton and Chelsea at the Saint Mary's Stadium in Southampton, Saturday, April 9, 2022. Four known bids are still under consideration to buy Chelsea, which could be sold for 3 billion pounds ($4 billion) given the interest that has emerged since Abramovich put the west London Premier League club up for sale six weeks ago. Chelsea has won 21 trophies in 19 years of Abramovich ownership, relying on his lavish investment to become one of Europe’s most successful clubs. "We will support our players and managers to make sure that Chelsea are habitual winners and title contenders, whether in the Premier League, Champions League or the Women’s Super League. Chelsea is a world-class team, in a world-class city, with world-class fans: it deserves a world-class stadium.”___More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_SportsCopyright 2022 The Associated Press.
wftv.comBain Capital co-chair: 'Private equity gets a bad rap' politically we don't destroy jobs
Steve Pagliuca, co-chair of private equity powerhouse Bain Capital, defended the industry, arguing Thursday that it has received an undeserved bad reputation. Private equity has actually been a "great thing for America," he said on CNBC's "Squawk Box" from the World Economic Forum in Davos, Switzerland. The 2020 primary is not the first time private equity has drawn the ire of politicians. Mitt Romney was criticized for his past work at Bain Capital, the Boston-based firm with $105 billion in assets under management. "Private equity, I think, has gotten a bad rap out there politically, but it's actually a big part of the economy.
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