The

Boston Celtics

has sold the legendary franchise to wealthy private equity investor Bill Chisholm, and recent reports indicate that he was able to finalize the agreement with substantial financial backing from Indian steel tycoon Aditya Mittal. It’s said that Mittal contributed an impressive one billion dollars to assist Chisholm and his investment consortium in sealing the acquisition.

Rumors suggest that Mittal might take over as the team’s alternate Governor following his position as the second-biggest individual shareholder, alongside substantial ownership held by a private equity firm supporting Chisholm. This situation brings up an essential query about who will make key decisions regarding the management of the team in the near future, particularly considering the considerable expenses related to salaries and taxes set to hit when Boston’s standout player, Jayson Tatum, misses part of the upcoming season due to injury.

The hosts of the CLNS Media “Garden Report” podcast, Bobby Manning, Noa Dalzell, A. Sherrod Blakely and John Zannis took some time on a recent episode of their show to talk it over. Check it out in the clip embedded below!

If you like this podcast, be sure to explore “How Bout Them Celtics,” “First to the Floor,” and numerous other New England sports podcasts available on the CLNS Media network.

https://ytubl.ink/3Ffk

The article initially appeared on Celtics Wire.

Will the new stakeholders of the Boston Celtics have input on how the team operates?