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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 ...
Boehly owns 20% of the Los Angeles Dodgers and is also a part owner of the Los Angeles Sparks. [58] [7] He is an owner of esports organization Cloud9. [59] In 2019, Boehly made an attempt to buy the English football club Chelsea for $3 billion, but the owner at the time, Russian billionaire, Roman Abramovich, rejected the takeover bid. [60]
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Chelsea has announced pre-tax losses of 90.1 million pounds ($114.8 million) in the English Premier League club's first year under U.S. owners Todd Boehly and Clearlake Capital. Chelsea said on ...
Yahoo Finance's Josh Schafer breaks down the prospective buyers seeking to purchase Chelsea FC from Russian billionaire Roman Abramovich, the business ties of interested parties, and how the UK ...
A further stumbling block is that the club's naming rights are owned by the Chelsea Pitch Owners, which also owns the Stamford Bridge freehold. As a condition for using the Chelsea FC name, the club has to play its first team matches at Stamford Bridge. A move to a new stadium could mean the club having to change their name. [22]
Blues owner Roman Abramovich was sanctioned by the British Government on Thursday over his ties to Russian president Vladimir Putin. Chelsea supporters’ trust urges Government to amend sanction ...