Katie Price’s fourth husband Lee Andrews now claims he’s buying Chelsea football club just four years after current owner bought it for £4.25billion and insists ‘the money is there – watch this space’
Chelsea fans have suffered mixed fortunes since Todd Boehly and his BlueCo consortium bought the west London football club from Roman Abramovich in 2022.
But they have the potential to change – for better or worse – should Katie Price’s fourth husband succeed in a proposed bid to buy a majority stake in the club, who are currently sixth in the Premier League and 22 points adrift of table-topping rivals Arsenal.
Dubai-based businessman Lee Andrews – who unsubstantiated claims of immeasurable wealth have been called into question following his shotgun marriage to Price in January – wants to forge ahead with a ‘crazy and ambitious’ plan to buy into the current World Club Cup holders.
‘I can’t tell you all the workings and inner parts to my wealth but definitely the money is there,’ Andrews, 42, told The Sun. ‘And they have to accept and they have to verify, but it will be going in.
‘It sounds crazy, it sounds ambitious, but watch this space.’
Andrews will need a sizeable sum to wrestle control from current owner Boehly, the American businessman who acquired the football club for £4.25billion four years ago.
Katie Price’s fourth husband is planning to forge ahead with a ‘crazy and ambitious’ plan to buy a majority stake in Premier League football club Chelsea
Since then, the club has hired and fired five different managers, among them current England boss Thomas Tuchel, while struggling to maintain the same domestic success they enjoyed so consistently during the Abramovich era.
Financial shortfalls appear to match the team’s lackluster results, with the club posting a remarkable £262.4million pre-tax loss for the 2024-2025 season – despite the club qualifying for a lucrative Champions League spot by finishing fourth.
While Andrews’ financial worth remains questionable – the businessman claims to have links with Tesla founder Elon Musk, the world’s richest man – current Chelsea owner Boehly’s is not.
The Miami based magnate’s personal fortune is estimated between $8.4billion and $9.3billion, while his impressive business portfolio includes a 20 percent ownership of baseball giants the Los Angeles Dodgers.
The American’s incredible wealth eclipses that of Andrews, who has previously boasted of earning anywhere between £2million and £5million annually from a variety of investments in the United States.
Andrews’ credibility and personal integrity has taken a battering from all sides following his marriage to Price, with furious ex-girlfriends labelling him a ‘scammer’ and urging the former glamour model to ‘run for the hills.’
Ex-fiancée Alana Percival, 32, who accepted a marriage proposal from Andrews just 16 weeks before he exchanged vows with Price, has accused him of scamming money out of her and making false claims about his personal wealth and various achievements.
The businessman has previously claimed to hold a PhD from Cambridge University, while managing the sustainable vehicle venture, Aura Worldwide Holdings Limited, from his home in the United Arab Emirates.
Andrews will need a sizeable sum to wrestle control from current owner Todd Boehly, the American businessman who acquired the football club for £4.25billion four years ago
Katie Price’s husband Lee Andrews has made yet more bombastic claims about his lavish life in his latest slew of Instagram posts
He also claims to bilingual and fluent in almost every known language, including Arabic.
In March, he shared a variety of images and videos across social media, including a post about becoming a ‘future trillionaire’, detailing a ‘mysterious income’ and being a member of ‘the 1%’.
One post features a debonaire man standing at a bar with the words: ‘Mysterious income. Underground connections. Private life. Small circle. Hot brunette.’
He then shared an image of a yacht with the accompanying message: ‘Send this to future trillionaires’, with a voiceover detailing being worth $1,274,930,645,80.73.
Yet another nod to his success and wealth featured the quote: ‘When you love Monday morning more than Friday night. Welcome to the 1% bro’.
While there have been doubts over his alleged Cambridge education, Price has hit back and insisted she has seen evidence of his university pedigree. .
The former glamour model also revealed that she has so much trust in her new husband that she declined to sign a prenup before their whirlwind wedding.