Skip to main content

Posts

Showing posts with the label American entrepreneur Todd Boehly

Upcoming sale: Chelsea reports agreement with new investor

According to this, FC Chelsea agreed with an investor group around the American entrepreneur Todd Boehly on a deal of £ 4.25 billion (around 5 billion euros). However, the prime permits of the Premier League and the British government are a prerequisite for the takeover. At the end of May, the Premier League club said, the sale could be completed. The background to the sale is the sanctions imposed by the UK against Ukraine due to the Russian attack war, which also affected the assets of the previous Chelsea owner Roman Abramovich. The club has therefore been for sale since March. When selling, the government wants to ensure that the Russian oligarch does not benefit personally. The latter had announced that he wanted to donate the income from the sale. 100 percent of the sales proceeds should be donated Most recently, three consortia had made offers. Ultimately, the choice fell on the group around Boehly, to which the US baseball team Los Angeles Dodgers also belongs. Accordi