Former Chelsea captain John Terry has announced that he will try to help protect the club's "history and heritage" by joining the True Blues consortium in its bid to buy a 10% stake in the club for sale, a stake that he said would be used to represent the fans.

The consortium is made up of former players, including Terry and former Chelsea player Claire Rafferty, as well as British entrepreneurs and fans.

The consortium is advised by Oakville Capital, a leading M&A and strategy advisory firm focused on the video games, betting and sports sectors.

"Chelsea has been an important part of my life for 22 years," Terry wrote on Twitter. "I want to see the club's history and heritage protected as we enter a new era with like-minded people with the same long-term vision to build the best football club in the world. After I met and heard What the True Blues Consortium is all about, I know they understand that."

"They are a group of Chelsea fans and season ticket holders who have created a concept that complements and assists the club's management favorite while adding a link with fans and interaction with the board of directors."

💙💙 pic.twitter.com/WfJe1j1mi0

— John Terry (@JohnTerry26) March 19, 2022

3 offers to buy Chelsea

Three offers to buy Chelsea were made by groups led by British real estate developer Nick Candy, the Ricketts family, owners of the Chicago Cubs, a competitor in the Major League Baseball, Martin Broughton and Sebastian Coe, president of the International Association of Athletics Federations.

Chelsea owner Roman Abramovich initially offered the club for sale after the Russian invasion of Ukraine, before the British government imposed sanctions on the wealthy Russian, effectively giving it control of the club.

Terry won 5 Premier League titles and 5 FA Cup titles with Chelsea, in addition to the Champions League in 2012.

The defender played 717 games with the London club between 1998 and 2017, making him among the legends of the prestigious London club.