Boehly’s consortium includes a fellow co-owner of the Dodgers baseball franchise, Mark Walter, Swiss billionaire Hansjoerg Wyss and US investment firm Clearlake Capital
Todd Boehly
Chelsea confirmed on Saturday that a consortium led by LA Dodgers co-owner Todd Boehly has won the battle to buy the Premier League club in a $5.2 billion deal.
Owner Roman Abramovich put Chelsea on the market in early March, just days before he was sanctioned by the British government following Russia’s invasion of Ukraine. After a lengthy bidding process involving several groups, Boehly and his fellow investors were picked by Raine Group, the New York bank overseeing the sale.
ADVERTISEMENT
Boehly’s consortium includes a fellow co-owner of the Dodgers baseball franchise, Mark Walter, Swiss billionaire Hansjoerg Wyss and US investment firm Clearlake Capital.
“Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the club,” they said in a statement. Meanwhile, Conor Coady struck deep into time added on to snatch a 2-2 draw for Wolverhampton Wanderers away at Chelsea. Romelu Lukaku scored a brace for Chelsea.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
