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New boss takes over! Celtics official: The consortium led by Chisholm officially acquires majority equity in the team
6:06am, 20 August 2025【Basketball】
August 19th news The Celtics officially announced today that the team's new boss Chisholm has officially gained control of the team. The original text of the official announcement is as follows:
After all members of the NBA board of directors unanimously approved, the consortium led by Chisholm has completed the acquisition of the Celtic majority equity.
Chisholm will serve as the team's director, Grosbeck and Adia Mittal will serve as alternate directors, and Grosbeck will serve as one of the team's bosses and CEO, and will be responsible for the team's daily operations together with Chisholm, current basketball and business management teams. The leaders of Chisholm's investment team include Grosbeck, Mittal, Bruce Bill, Andrew Biareksic, Dom Ferrante, Rob Hale, Mario Hall and Ian Lorraine. Global investment company Sixth Street is also a key player in the investment team.
"It's a dream come true for me and my family," said Chisholm, who was born and raised with Boston and has been a Celtic fan. “I’m very lucky to be part of the new investment team, and everyone in this team loves the Celtics and the Boston community. On behalf of this team, I’m excited to work with Grossbeck, Stevens and Ritch Gomat to move forward. We are committed to continuing the Celtics’ glorious history and raising the new championship flag, and I can’t wait to see this team take off this fall.”
Grossbeck added: “The Celtics have been in the last 23 years. It was my lifelong career, and this incredible journey will continue. I will fight with Bill with passion to fight for the next championship flag, and nothing better than winning. "
Chisholm added: "I would like to give special thanks to Grosbeck, Steve Pajiuka and their team for their careful management of the Celtics over the past 23 years. As a fan, I am very grateful to them for everything they have done to the Celtics and the Celtics community over the past 23 years."
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