And in particular, how much wealth does the new owner of Chelsea have?
Chelsea got away, and it looks like the club, which is in a tight spot due to the penalties against Abramovich, can finally breathe a sigh of relief. American Todd Boyle has reportedly invested a lot of money in English football, but he has a lot of experience in the sport.
The takeover was completed and Chelsea was officially changed, with Roman Abramovich saying goodbye to Stamford Bridge after nearly two decades. It is known that Toddy Boehly, co-owner of the Los Angeles Dodgers and a consortium led by Clearlake Capital, bought the club for 2.5 billion pounds.
But what can Chelsea fans expect from the new owner? The talkSPORT.com searched for it: Todd Boehle, 48-year-old entrepreneur, philanthropist, and investor, born in the United States. He himself practiced the sport in the early 1990s, and achieved great success as a college wrestler, but later left the United States to continue his studies at the School of Economics in London.
He joined Citibank a few years later and joined Guggenheim Partners in 2001, first leading the company’s loan investment business and then being elected president. He moved into the financial world for a long time, and then in 2013 founded SportsNet LA, which handled baseball broadcasting and a sports franchise program.
He later consolidated his portfolios and formed private equity firm Eldridge Industries, and has since co-owned the seven-time MLB World Series champion Los Angeles Dodgers, 17-time NBA champion Los Angeles Lakers and the Los Angeles Sparks women’s basketball team.
Forbes estimates Boehly’s current fortune at around £3.5 billion, and it’s clear that the American sports investor has carved out of his biggest business in Europe. For Chelsea, this is a new beginning.
