A group led by Todd Boehly, who also owns a stake in the Los Angeles Dodgers, the Los Angeles Lakers, dick clark productions and who is currently the caretaker CEO of the Hollywood Foreign Press As…
Chelsea FC, in a statement tonight, said that “Of the total investment being made, £2.5bn will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen UK bank account with the intention to donate 100% to charitable causes as confirmed by [former owner] Roman Abramovich. UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account.
It added that “the proposed new owners will commit £1.75bn in further investment for the benefit of the Club. This includes investments in [the team’s stadium] Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.
Boehly is chairman and CEO of Eldridge Industries, which owns MRC and dick clark productions, the latter of which produces the HFPA’s Golden Globe Awards. He is teaming in the deal with Clearlake Capital, real estate mogul Jonathan Goldstein, Swiss billionaire Hansjörg Wyss and Guggenhiem Partners CEO Mark Walter. Walter is partnered with Boehly in ownership stakes in the Dodgers and Lakers.
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