Football: Chelsea club sales to Todd Boehly and his consortium are complete

Football: Chelsea club sales to Todd Boehly and his consortium are complete

The process of selling the Chelsea club to American businessman Todd Boehly and his consortium of investors has been completed, the club announced on Monday (May 30). The latter therefore no longer belongs to Russian billionaire Roman Abramovich.

The consortium, led by Todd Boehly, President and CEO of Eldridge, and Clearlake Capital Group, announced today [lundi] that the transfer of ownership of Chelsea Football Club has been completed “Blues wrote, bought for 5 billion euros.

The consortium also includes Swiss billionaire Hansjörg Wyss and Mark Walter, a business partner of Mr. Boehly, with whom he shares ownership of the Los Angeles Dodgers baseball team.

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“I’m honored to be the new goalie,” Chelsea said

The record transaction for the team sports team has received the green light in recent days from the Premier League and especially from the British government. He was very anxious about the rally selected for sale after freezing the Russian oligarch’s assets in March over his alleged ties to Vladimir Putin.

“The change of ownership opens a new chapter in Chelsea for the benefit of its supporters, the club and the wider football community.”, a spokesman for the British government commented. He also confirmed that the restrictions imposed on the club as part of sanctions against the former Russian owner – especially on ticket sales, merchandising or player transfers – had been lifted.

“Under the terms of the agreement, Boehly and Clearlake will have joint control and equal power within the club.”, the statement said. The entrepreneur and the investment fund have pledged to invest almost two billion in proceeds from the sale in the club’s infrastructure, especially in the modernization of Stamford Bridge Stadium.

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“We are honored to be the new goalkeepers of Chelsea Football Club. We are fully committed – 100% – to every minute of every game. Our vision as owners is clear: we want the supporters to be proud. “says Mr Boehly in a press release.

World with AFP

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