Todd Boehly

The process was eventually won by a consortium led by Boehly, the part-owner of the LA Dodgers, and the US investment firm Clearlake Capital. The group includes ...

We also want to thank the authorities for all their work throughout the process. Our vision as owners is clear: we want to make the fans proud. A new era at Stamford Bridge is under way after Roman Abramovich agreed to the UK government’s terms for the sale.

After a drawn-out process, the takeover of Chelsea has been completed, putting the Blues under new ownership as of Monday.

Hansjorg Wyss is set to join him with a net worth of £4billion, while Clearlake Capital will be the majority owner. The owners will also continue the important work of the Chelsea Foundation." That's because the American is a very rich man. US Banking firm Raine were left in charge of overseeing the process, eventually deciding that a consortium led by American businessman Todd Boehly was the preferred bidder. That being said, it looks like they don't need to worry about proceedings too much. Abramovich had owned Chelsea since 2003 but his reign ended after 19-years in charge.

London, May 30 (EFE).- Chelsea's sale to a consortium headed by US tycoon Todd Boehly and the investment fund Clearlake Capital was completed on Monday, ...

This means that the club will reopen its store, be able to buy and sell players or extend their contract as well as sell match tickets. With the sale of the club, Chelsea will be able to operate normally again. “We’re all in – 100% – every minute of every match.

Chelsea confirmed on Monday that Todd Boehly's consortium have completed their takeover of the Premier League club.

"As pioneers in sports and media investing, we are thrilled to partner with Todd and the rest of the consortium to meaningfully grow the club as a global platform. He will "share joint control and equal governance of the club" with his main partner Clearlake Capital investment firm. "Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the club for the long-term and build on Chelsea's remarkable history of success." Boehly fought off 11 rival bidders to buy Chelsea in what is a record sale for a sports club. "We are honoured to become the new custodians of Chelsea Football Club. We're all in, 100 percent, every minute of every match," Boehly told Chelsea's website. Boehly's takeover ends Abramovich's 19-year reign as Chelsea owner after the Russian put the club up for sale in March.

Proceeds will be donated to humanitarian causes in Ukraine, the U.K. government said.

Boehly, who has a fortune estimated at $4.5 billion by Forbes via wide-ranging investments including Bruce Springsteen's song rights and sports-betting firm DraftKings, beat out bids from British billionaire Jim Ratcliffe and Stephen Pagliuca, Bain Capital co-chair and part-owner of the Boston Celtics. Abramovich lost control of Chelsea after the U.K. government froze his assets amid a campaign to punish Russia and oligarchs linked to the Kremlin over the invasion of Ukraine. Chelsea F.C. may be the most high-profile asset sanctioned by a government over the war in Ukraine. Until Monday, the team had been operating under a special government license that was due to expire Tuesday, and the sale was previously approved by the English Premier League and the U.K. government. Boehly joined up with Clearlake Capital Group, Swiss Billionaire Hansjörg Wyss and American billionaire Mark Walter–who co-owns the Los Angeles Dodgers, the Los Angeles Lakers, and the Los Angeles Sparks with Boehly–and others to make the winning bid. Abramovich–who was sanctioned by the U.K. over his ties to the Kremlin–will not profit from the sale, with the proceeds to be donated to humanitarian causes in Ukraine, the British government said. The $5.4 billion sale of Chelsea F.C. from Russian billionaire Roman Abromovich to a consortium led by American billionaire Todd Boehly has been completed, the club announced Monday, ending months of uncertainty after Abromovich said he would sell the team after the Russian invasion of Ukraine. It’s the highest-priced sports team acquisition in history, beating out the $3.3 billion paid by Chinese billionaire Joseph Tsai in 2019 for the Brooklyn Nets and operating rights to the Barclays Center.

Boehly's consortium agreed a deal to buy Chelsea from Roman Abramovich for £4.25 billion ($5.3 billion) on May 7 and the sale has now been officially ...

"I personally want to thank ministers and officials in the British Government, and the Premier League, for all their work in making this happen," Boehly said. "Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the club for the long-term and build on Chelsea's remarkable history of success." London - Chelsea’s new owner Todd Boehly promised to build on the team's "remarkable history of success" after the American completed his takeover of the Premier League club on Monday.

US investor Todd Boehly has completed his £4.25 billion ($5.4 billion) takeover of Chelsea Football Club from the sanctioned Russian oligarch Roman ...

“We’re all in – 100% — every minute of every match,” Boehly said in a separate statement. Chelsea won 21 trophies under Abramovich, including the EPL five times and the UEFA Champions League twice. The bid was signed off by the EPL and UK government last week.

Chelsea have finally been taken over by a consortium led by American investor Todd Boehly after months of uncertainty at Stamford Bridge.

Chelsea are in need of a striker who can consistently put the ball in the back of the net. The Blues were desperate to land Sevilla centre-back Jules Kounde last summer, but a move never materialised. And he would surely be a big hit at the club after illustrating what he can do during his time in the Bundesliga. RB Leipzig striker Christopher Nkunku is another player who had no issues finding the back of the net last season. Chelsea boss Thomas Tuchel will be desperate to bolster his midfield, with concerns over the long-term fitness of N’Golo Kante, who was hit by a series of injuries last season. And the Blues will surely have been regretting their decision in recent years.

Rice, who is under contract with West Ham until 2024, has been linked with Manchester United, Liverpool, and Chelsea. The Blues, on the other hand, would send a ...

In Spain, the 23-year-old has two years left on his deal. And the Blues will undoubtedly have come to rue their decision in subsequent years. “Our vision as owners is clear: we want to make the fans proud. Nkunku also assisted his teammates 20 times. Jude Bellingham of Borussia Dortmund is one of the top young midfielders in the world and has been tipped to return to England and sign for Liverpool. “We’re all in – 100 per cent – every minute of every match,” Boehly said after the deal had been completed.

Chelsea have a big summer in front of them with numerous central defenders being looked at as they look to replace Antonio Rudiger and Andreas Christensen.

The 23-year-old now has just over two years remaining on his contract with the Seville-based outfit and he wants to leave the club before the start of next season. "I have peace of mind being where they want me, at the club of my life and I have this offer right now as I value as very positive. football.london understands that Jules Kounde is the club's priority target this summer as the Blues look to bring the talented Sevilla centre-back to the club a year after just missing out on him. As the summer transfer window approaches, the task for Chelsea is a difficult one: close the gap to Manchester City and Liverpool ahead of the new season. Likewise, Andreas Christensen looks to join his team-mate out of the exit door, with Barcelona interested in the Denmark international. In truth, the Premier League's top two were seemingly in a league of their own last time out.

Several players are eyeing moves elsewhere, including Andreas Christensen and Antonio Rudiger who are both set to leave at the end of their Chelsea contracts in ...

"We will still work for Chelsea and I refuse to think of negative scenarios. Monaco are set to demand a fee of €80 million, which could hand Boehly's Chelsea a boost if he is to look for a marquee summer signing, and one for the future. Reports revealed that the reigning World and European Champions 'could' be in contention to sign the Munich man this summer and if Boehly is looking for a man to find the net after Romelu Lukaku's struggles, look no further. He has still not agreed a contract renewal at Barcelona or a transfer elsewhere as the latest reports have stated that Boehly is keen to re-open talks with the French star, if he is still available. What I can promise is that I will be here if I can promise that! I will be here with full energy and positive energy no matter what. Tuchel is a 'big fan' of the defender, and if the statistics aren't good enough for the new ownership, the fact that the head coach wants him should be more than enough to warrant the transfer. Chelsea have been scouting Gvardiol ahead of a potential summer move, with the 20-year-old one of the hottest prospects in world football. The Senegalese international was prised out of a move to Stamford Bridge but with his contract coming to an end at Napoli in 2023, Chelsea could secure his services at a cut-price. If Cesar Azpilicueta decides to move on at the end of the season, Koulibaly could bring an experienced head to the Chelsea back-line as the 30-year-old has plenty of matches under his belt in the Serie A. With Christensen and Rudiger departing, it is extremely likely the 23-year-old will join Tuchel's side this summer as he is 'convinced' he will become a Chelsea player this summer after being spotted in London. The Blues finished third in the Premier League and are keen to add to their squad, with Boehly reportedly set to invest heavily in the Chelsea squad, handing a £200 million budget to Tuchel during his consortium's first summer in charge to rebuild the squad.

With Chelsea now under new ownership, a huge summer transfer window is expected in terms of incomings at the club and football.london takes a look at how ...

Conor Gallagher is expected to be recalled from his loan spell at Crystal Palace and fight for a place in the Chelsea first-team. Another target for Chelsea is Christopher Nkunku. The RB Leipzig attacker enjoyed a sensational 2021/22 season with the German club and was watched by the Blues on numerous occasions. Chelsea are said to be interested in the 20-year-old's signature this summer and could well see the young Croatian as the answer to their problems. Levi Colwill enjoyed an impressive season on loan at Huddersfield Town in the Championship and could be recalled to give Tuchel more depth in his back-three. Jules Kounde is understood to be the Blues' priority, with the Sevilla defender keen on a move to Stamford Bridge, football.london understands. It seems as if Boehly is more than willing to back Thomas Tuchel in the transfer market in the American owners' first summer at the club.

Chelsea's sale to a consortium led by American businessman Todd Boehly has now been confirmed ahead of next season.And, whilst a new owner normally me.

Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Bet £10 & Get £50 in Free Bets for new customers at bet365. The England international has established himself as one of the best in the world in his position, so it seems strange to have both him and Hakimi in the same squad. Achraf Hakimi and Christopher Nkunku are two of the players who have been heavily linked with a move to west London, which would add to their already star-studded squad. That business is normally looking to sign the best players in world football, with the likes of Mateo Kovacic, Timo Werner, and Romelu Lukaku all joining the club in recent years.

Businessman Todd Boehly has declared he is '100 per cent' committed to maintaining Chelsea's position at the top of English and European football, ...

His engagement with the lifeblood of Chelsea would no doubt have been encouraging amid calls for fans to have a greater say in the way the club is run following the furore over the European Super League. The CST called on Boehly to 'review decisions taken on pricing for Westview, where we are anticipating significant price rises which will price out a number of season ticket holders'. It is now up to Boehly and his consortium to respond. Prices in the the West Stand upper tier, rebranded to Westview following an overhaul of the facilities in the area, are set to soar from £1,250 to £3,900 per seat for a tier one ticket on and around the halfway line. Ticketing was the first area raised by the CST in its letter to Boehly after his takeover of the club was confirmed. The CST has urged Boehly's consortium to 'commit to freezing ticket prices at current levels for the 2022-23 season' as a show of 'goodwill' to supporters following reports of significant price hikes in certain areas of Stamford Bridge. While it is unlikely Tuchel will want to blow half of his budget on one player, whose club has insisted is not for sale, the speculation points to what Chelsea might look to do in the summer window. Romelu Lukaku has endured a difficult season back in the blue of Chelsea and could leave Sevilla's highly-rated French centre back Jules Kounde is in line to become the first signing of the Boehly era and would be a welcome arrival for Chelsea supporters. N'Golo Kante and Jorginho have been mainstays of Tuchel's team but both players are not getting any younger and will not be able to anchor the Chelsea team forever. Sevilla's Jules Kounde is expected to be the first arrival of the Boehly era at Chelsea Those gaps will have to be filled in the summer if Chelsea are to challenge for major honours, both domestically and in Europe, under Tuchel next season. According to reports, Chelsea boss Thomas Tuchel will be given a £200million war-chest to upgrade his squad as they seek to close the gap on the Premier League's runaway pair of Manchester City and Liverpool.

Todd Boehly is reportedly keen to transform Chelsea on, and off, the pitch ahead of the summer transfer window.

As part of the 40-year-old's role, the former Czech international has enjoyed great success in Chelsea's player recruitment scheme; his most notable signing has been Edouard Mendy from Rennes for a shrewd £22m. John Terry, Carlo Cudicini and Petr Cech are among several former Blues who have returned to Chelsea and have roles at the club. The likes of AC Milan, Ajax, Borussia Dortmund and Bayern Munich have former players acting as technical directors to offer balance in the boardroom amid transfer talks, and the Blues could soon follow suit.

Chelsea transfer news: Raheem Sterling joins Ousmane Dembele and Darwin Nunez on Chelsea's wishlist but who is the most crucial player who should be ...

My last nominee for first Boehly signing would have been Neymar Jr, but I fear that my dream transfer may not become realty in time for Thomas Tuchel. The next best option would be Raheem Sterling. A Premier League proven ball of attacking fire? A free agent with as much talent as Dembele needs to be snatched up as soon as possible. His first signing should make a statement to ensure that he hits the ground running in the right direction. Not a fresh signing triggered to set off the rest of the era. The transfer window will soon be officially open and Chelsea are able to participate in negotiations with players now the takeover has been completed. It comes as a relief to Thomas Tuchel especially, who will need as much support as possible as he plans to rebuild his squad.

Chelsea's takeover by Todd Boehly-led consortium was finalised on 30th May, following approval from the UK government.

“Chelsea’s long-term future is now secured and binding commitments have been received which ensure sanctioned individuals cannot financially benefit from the sale. “We are honoured to become the new custodians of Chelsea Football Club,” Boehly said. Further details will be set out in due course.” Russian-Israeli billionaire Abramovich’s 19-year tenure as Chelsea owner is now at an end. ‘As pioneers in sports and media investing, we are thrilled to partner with Todd and the rest of the consortium to meaningfully grow the club as a global platform. “Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the club for the long term and build on Chelsea’s remarkable history of success.

The new owners are in place after a 13-week saga in which the government sanctioned Roman Abramovich and a special operating licence placed stringent ...

On top of that guarantees have been given around the owners taking money from the club to ensure they do not end up in a position similar to Manchester United under the Glazer family. Boehly has already met with head coaches Thomas Tuchel and Emma Hayes and there are no plans to alter the football structure. After that the profits will go to a charity set up to benefit victims of the war in Ukraine. “We have begun the process of ensuring the proceeds are used for humanitarian purposes in Ukraine that result from Russian aggression,” the government said yesterday. The special operating licence imposed in mid-March when Abramovich was added to the sanctions list has been removed. Staff were informed of its completion at the end of last week and the club released a statement on Saturday saying it was all wrapped up. A consortium led by Todd Boehly has taken over from sanctioned Russian billionaire Roman Abramovich and the government restrictions that threatened to derail their season have been lifted.

The Russian director had won awards this season for her achievements off the pitch in the transfer market.

Something Boehly would want to avoid approaching one of the biggest transfer windows in recent seasons for the Blues. According to Sport Bild, Boehly is preparing for Granovskaia's August exit with the appointment of Atletico Madrid's Andrea Berta who is being eyed as her natural heir. Granovskaia, alongside the likes of Bruce Buck, have been long-serving directors at Stamford Bridge under the now-former owner who sold the club to Boehly and the Clearlake Capital consortium earlier this week.