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Chelsea suffered serious financial troubles during the 1970s and 1980s following a large-scale attempt to renovate Stamford Bridge. The financial crisis and a subsequent change of ownership at the club culminated in the sale of the club's freehold to property developers Marler Estates (and subsequently Cabra Estates).
On 7 May 2022, Chelsea confirmed that terms have been agreed for a new ownership group to acquire the club. The group which later known as BlueCo was led by Todd Boehly , chairman and CEO of Eldridge Industries , and Clearlake Capital , it also included Hansjörg Wyss , founder of the Wyss Foundation, and Mark Walter , co-founder and CEO of ...
In October 2011, a proposal from the club to buy back the freehold to the land on which Stamford Bridge sits was voted down by Chelsea Pitch Owners shareholders. [117] In May 2012, the club made a formal bid to purchase Battersea Power Station, with a view to developing the site into a new stadium, [118] but lost out to a Malaysian consortium ...
The future of the iconic stadium—opened in 1877—is a puzzle that Roman Abramovich has tried to tackle since he bought Chelsea for £140 million in 2003, and it will be front and center as ...
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Chelsea FC ownership dwindles to three final bidders. April 19, 2022 at 2:29 PM ...
A Serious Case of the Blues: Chelsea in the 80s. Vision Sports Publishing Ltd. ISBN 1-905326-02-5. Cheshire, Scott (1998). Chelsea: an Illustrated History. Breedon Books. ISBN 1-85983-143-5. Glanvill, Rick (2005). Chelsea FC: The Official Biography – The Definitive Story of the First 100 Years. Headline Book Publishing Ltd. ISBN 0-7553-1465-4.
Mark Walter is an American businessman and the chief executive officer of Guggenheim Partners, a privately held global financial services firm with more than $325 billion in assets under management and headquarters in Chicago and New York.