After months of speculation and uncertainty, Roman Abramovich has agreed to sell Chelsea Football Club to Todd Boehly consortium, a deal which is subject to the UK government and Premier League approval.
Chelsea released an official statement on Saturday morning confirming the deal between both parties, revealing a takeover deal worth £4.25billion.
Who is Todd Boehly?
Todd Boehly is an American businessman, investor, and philanthropist. He is the co-founder, chairman, chief executive officer and controlling member of Eldridge Industries.
Boehly is also the interim CEO of the Hollywood Foreign Press Association.
How old is Todd Boehly?
He is 46 years old.
What is Todd Boehly’s net worth?
According to Forbes, the soon to be Chelsea owner is worth around £3.6 billion ($4.5bn).
Does Todd Boehly own any other sports franchise?
Boehly is the co-owner of a baseball team who are seven-time MLB World Series winners, the Los Angeles Dodgers.
He also owns stakes in 17-time NBA champions the Los Angeles Lakers and the Los Angeles Sparks women’s basketball team.
Boehly is also the owner of fantasy sports company DraftKings and esports organization Cloud9.
Who are the members of Todd Boehly’s consortium?
Boehly has teamed up with fellow LA Dodgers co-owner Mark Walters, British businessman Jonathan Goldstein, Swiss billionaire Hansjorg Wyss and US investment firm Clearlake Capital.
Recommended Articles:
- Chelsea Statement As Abramovich Sells Club To Todd Boehly
- Chelsea Star Receives 2022 Football Writers’ Association Award
- Former Chelsea Manager In Tears As He Makes History
- Chelsea Sale: It Will All Go To Charity Abramovich Reiterates
- Russian Club Mocks Man City After Champions League Meltdown
What is Boehly’s vision for Chelsea?
This is not the first time Boehly has shown interest in buying Chelsea Football Club. In 2019, the American made an attempt to buy the club for $3 billion, but Abramovich, rejected the takeover bid.
Chelsea fans will be interested to know he is a very experienced businessman in the field of sports and one who is passionate about its impact on people.
“There’s nothing like sports to excite passion,” Boehly said while speaking at the Milken Institute Global Conference in LA as quoted by GOAL.
“And if you have passion, then you have people who care about things.
“And if you have people who care about things, you have great opportunity. And really, it’s about curating that experience, that access, that opportunity.
“For example, we’ll have four million people coming out to Dodger Stadium this year. So, our goal is to give them the best possible experience. We still have the most affordable tickets in the league basically, for a stadium that’s full regularly.
“In some sports like the NFL, they share all the media money. In baseball, you’re really a derivative of your local market.
“The Premier League’s similar. If you look at the way it works, to be one of the big brands, you have a structural advantage. And for us, we’re always looking for structural advantages.”
Enjoyed the article? Share with others as well. Stay in the know, follow us on Twitter @punditgist.
Leave a Reply
You must be logged in to post a comment.