Chelsea have confirmed that the club has a new owner. American billionaire Todd Boehly is the person who has successfully bid for £ 4.25 billion to own the London City club.
Todd Boehly is also the co-owner of the LA Dodgers baseball club. This billionaire completed the acquisition of Chelsea with colleagues at Clearlake Capital, Mr. Mark Walter and Hansjorg Wyss.
Portrait of Chelsea’s new owner, Todd Boehly. Photo: Getty
Quote: “Chelsea can confirm that terms for the transfer of ownership of the club to a group of investors led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss have been approved.”
“With the money already invested, £2.5 billion will be used to buy back shares of the club and this money will be deposited into a British bank account to support charities with the support of the club. consensus of former president Roman Abramovich.”
Former owner Mr. Abramovich has dismissed concerns that the money will be transferred to his own personal account.
With the change of club owner, Thomas Tuchel will also be allowed to sign new contracts to supplement the quality of the Chelsea squad. The City of London Club also has more money to invest in its academy, women’s team and Chelsea Foundation charity.
The change of ownership will also end Abramovich’s 19-year rule at Chelsea. During this time, Chelsea have won 5 Premier League titles, 2 Champions League titles and 1 Club World Cup in January this year. The Club World Cup victory also marked Abramovich’s last appearance with Chelsea as he attended the team’s celebratory party.
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