Katie Price’s husband Lee makes bold claim he’s bidding to buy Chelsea FC — insisting it’ll be approved this week

Katie Price’s husband Lee makes bold claim he’s bidding to buy Chelsea FC — insisting it’ll be approved this week

KATIE Price’s husband Lee Andrews has claimed he’s bidding to buy a majority stake in Chelsea Football Club.

The Premier League outfit is owned by the consortium BlueCo, led by American businessman Todd Boehly, who purchased the membership for £4.25bn in 2022.

Lee Andrews has claimed he’s bidding to buy a majority stake in Chelsea FCCredit: Instagram/wesleeeandrews
The West London membership are one of many Premier League’s largest groupsCredit: Getty

Self-described multimillionaire businessman Lee, 41, known as his plan to take over the membership “crazy and ambitious” however stated the cash is “definitely” there.

It comes after he claimed to have bought a £36m house, in money, on Dubai’s prestigious Palm Jumeirah for him and Katie to dwell in—although she lately insisted she won’t be relocating from the UK.

Lee solely informed The Sun: “There’s a little bit of a verification course of and I’ll solely receive 55 per cent, clearly for fairly a big quantity.

“I can’t inform you all of the workings and inside components to my wealth however undoubtedly the cash is there. And they’ve to settle for and so they have to confirm, however it should be entering into.

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Katie Price reveals she’s NOT moving into £36m Dubai home with husband Lee

“It sounds crazy, it sounds ambitious, but watch this space.”

The Sun has contacted Chelsea FC for remark.

Lee has beforehand been caught out as a ‘Walter Mitty’ who lied about meeting celebrities and string of high jobs.

He’s additionally claimed to be a physician – with even spouse Katie unsure where he got his PHD – and stated he received awards that simply didn’t exist.

Just final week Chelsea FC posted a record-breaking £262.4m pre-tax loss for the 2024-2025 season, surpassing earlier holders Manchester City’s £197.5m loss from the 2010/11 season.

Lee married Katie in January, simply weeks after assembly her on-line following her break up from ex-boyfriend JJ Slater.

Lee insists he ‘definitely’ has the cashCredit: wesleeeandrews/instagram
Todd Boehly and the BlueCo consortium are the present Chelsea house ownersCredit: Getty

The couple have been smitten ever since with Katie, 47, jetting to and from Dubai to spend time with him.

Last month Lee informed The Sun he had purchased a mansion in money for the couple to name house, forking out extra cash on lavish art work to beautify it.

But in a YouTube vlog on Monday, she stated from her countryside house: “I don’t know why individuals suppose I’m shifting to Dubai.

“My family’s here. The husband is there, but the husband comes here and I can go to Dubai when I can.”

She added: “It’s a lot of hoo-ha.”

Lee informed us that he earns between £2m and £5m yearly from investments within the US market.

He additionally insisted his sustainable automobile enterprise, Aura Worldwide Holdings Limited, remains to be lively and dealing to carry game-changing merchandise to market within the Middle East.

However, the enterprise registry within the British Virgin Islands, the place the corporate was registered, exhibits it was dissolved in 2024.

Lee denies that’s the case. He stated: “It’s definitely not dissolved, 100 per cent it’s there.”

American businesswoman Crystal Janke accused Lee of defrauding her after she invested £123,000 into the corporate, whereas ex-fiancée Alana Percival branded him a “liar” and a “narcissist”.

He stated: “I don’t fall in that narcissist, mendacity class. I don’t actually like liars myself. I do all the pieces with honesty.

“If I had to throw a rock at every dog that barked at me I’d never get anything done in this world.”  

Lee stated he purchased a £36m mansion for him and Katie to dwell inCredit: Instagram

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