Boehly, Todd
Inside the Chelsea Sale: Deep Pockets, Private Promises and Side Deals
LONDON — The British government on Wednesday gave its blessing to the purchase of Chelsea F.C., one of European soccer’s blue-ribbon teams, by an American-led investment group after deciding it had sufficient assurances that none of the proceeds from the record sale price — $3.1 billion — would flow to the club’s Russian owner. The […]
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Chelsea F.C. Will Be Sold to Boehly’s U.S.-Led Group
Abramovich invested nearly $2 billion of his personal funds during his 19-year tenure as owner, during which he covered losses of about $1 million a week as he recruited some of the best players in the world. The strategy was expensive but successful: Chelsea enjoyed the most successful period in its history, becoming a serial […]
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