News

Chelsea confirm club takeover by Todd Boehly-led consortium

Chelsea confirm club takeover by Todd Boehly-led consortium

Chelsea have today confirmed the long-awaited news that the club has been taken over by a consortium led by Todd Boehly.

The Blues have been searching for new owners since Roman Abramovich was sanctioned by the British government for his alleged links to Vladimir Putin over the invasion of Ukraine.

And, in that time, a consortium led by Todd Boehly has emerged as the next suitor, with a takeover finally happening for upwards of £4bn for the west London outfit.

It makes Chelsea the most expensive club ever to be sold across any sport, and will see the Blues usher in a new era.

What the Blues said

In a statement, the club wrote:

‘The consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced completion of the ownership transfer of Chelsea Football Club (“Chelsea FC” or “the Club”). The consortium also includes Hansjörg Wyss, founder of the Wyss Foundation, and Mark Walter, co-founder and CEO of Guggenheim Capital. Walter and Boehly are owners of the Los Angeles Dodgers, the Los Angeles Lakers, and the Los Angeles Sparks. The transaction has received all necessary approvals from The Government of the United Kingdom, The Premier League, and other authorities.

Under the terms of the agreement, Boehly and Clearlake will share joint control and equal governance of the Club. Boehly will serve as Chairman of the holding company.’

Meanwhile, Boehly added:

“We are honoured to become the new custodians of Chelsea Football Club”

“We’re all in – 100% — every minute of every match. Our vision as owners is clear: we want to make the fans proud. Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the Club for the long-term and build on Chelsea’s remarkable history of success.”

“I personally want to thank ministers and officials in the British government, and the Premier League, for all their work in making this happen.”

Read more:

When does the 2022 Premier League summer transfer window open & close?

Italy vs Argentina betting tips: Finalissima preview, predictions and odds


This article was edited by
Josh Barker.

Chelsea betting odds, next game:

Chelsea’s latest videos

Chelsea 5-0 Huddersfield | Higuain & Hazard Star In Thrashing | Full Match Replay


Chelsea 5-0 Huddersfield | Higuain & Hazard Star In Thrashing | Full Match Replay

Download Chelsea FC’s official mobile app: -App Store https://apple.co/2vvlN9t -Play Store http://bit.ly/2MfNJHX Subscribe: …

2022-05-29T14:00:12Z

"You are a WALKING meme!" | Erin Cuthbert & Guro Reiten take on our memes challenge! | Chelsea Memes


“You are a WALKING meme!” | Erin Cuthbert & Guro Reiten take on our memes challenge! | Chelsea Memes

Erin Cuthbert & Guro Reiten are the latest players to try our hilarious Chelsea…

2022-05-28T14:30:07Z

Premier League table

#TeamMPDP
1Manchester City387393
2Liverpool FC386892
3Chelsea FC384374
4Tottenham Hotspur382971
5Arsenal FC381369
6Manchester United38058
7West Ham United38956
8Leicester City38352
9Brighton & Hove Albion38-251
10Wolverhampton Wanderers38-551
11Newcastle United38-1849
12Crystal Palace38448
13Brentford FC38-846
14Aston Villa38-245
15Southampton FC38-2440
16Everton FC38-2339
17Leeds United38-3738
18Burnley FC38-1935
19Watford FC38-4323
20Norwich City38-6122
PlayerTeamGoals
Salah, MohamedLiverpool FC23
Son, Heung MinTottenham Hotspur23
Ronaldo, CristianoManchester United18
Kane, HarryTottenham Hotspur17
Mane, SadioLiverpool FC16
De Bruyne, KevinManchester City15
Jota, DiogoLiverpool FC15
Vardy, JamieLeicester City15
Zaha, WilfriedCrystal Palace14
Sterling, RaheemManchester City13
Bowen, JarrodWest Ham United12
Maddison, JamesLeicester City12
Toney, IvanBrentford FC12
Mount, MasonChelsea FC11
Saka, BukayoArsenal FC11
Mahrez, RiyadManchester City11
RicharlisonEverton FC11
Pukki, TeemuNorwich City11
RaphinhaLeeds United11
Watkins, OllieAston Villa11

Daraja Kapoor

About Author

You may also like

Confusion over Gyan ban
Ghana Leagues Ghana Premier League News

Confusion over Gyan ban

Gyan  Ban was sent off in Ghana’s final group game of the 2006 World Cup, and as Nations Cup hosts,
News

Uefa to strip Russia of Champions League final amid Ukraine conflict

It has been reported that Russia is about to be stripped of this season’s Champions League Ultimate after president Vladimir
WP Radio
WP Radio
OFFLINE LIVE