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The Celtics just got a $1 billion investment from a brand-new stakeholder

By now, you’ve heard of William Chisholm, the lifelong Celtics fan who agreed to purchase the team from the Grousbeck family in mid-March. But, although Chisholm has emerged as the face of the incoming ownership group, he’s far from the only one investing resources in the Celtics.

Aditya Mittal, the CEO of steel giant ArcelorMittal, has agreed to invest $1 billion into a group purchase of the Boston Celtics, Sportico reported Thursday. Mittal is expected to be the second-biggest stakeholder in the ownership group.

The top stakeholder remains Chisholm, whose group reached a deal to purchase the team in March for an unprecedented $6.