Celtics Ownership Structure: What Role Will Aditya Mittal Play After William Chisholm’s Acquisition? What is the Boston Celtics new ownership structure after a multi-billion acquisition deal? Read now

There’s a new era in Boston, as the Celtics, one of the most decorated franchises in NBA history just pulled off a major financial pivot. Indian steel magnate Aditya Mittal is right at the center of it. But this isn’t just another billionaire buy-in.

A $1 billion stake from Mittal, CEO of ArcelorMittal, helped seal a $6.1 billion deal that reshapes the Celtics’ power table. But while William Chisholm is the new face of the team’s ownership, Mittal joins as an ‘alternate governor.’ The Celtics’ Instagram post made it official: “Chisholm will serve as Governor, and Wyc Grousbeck and Aditya Mittal will serve as Alternate Governors.”

The new Celtics ownership is a coalition of global capital and local ties. Chisholm, founder of STG Partners and a Boston native, now owns at least 51% of