Todd Boehly

2022 - 5 - 6

Post cover — Image courtesy of "Los Angeles Times"

Who is Todd Boehly, the man behind record purchase of Chelsea FC? (Los Angeles Times)

Everything you need to know about Todd Boehly, the Dodgers co-owner who is at the center of the record-breaking sale of Chelsea FC.

A Phoenix native, he originally interned at The Times before joining the staff in 2019. Mark Walter, the Dodgers principal owner (who also reportedly joined Boehly’s bid for Chelsea), was the company’s chief executive. Boehly quickly emerged as one of Chelsea’s top suitors.

Todd Boehly Consortium Makes Landmark Deal To Acquire English ... (Deadline)

A group led by Todd Boehly has agreed to terms to acquire the English soccer club Chelsea in a deal worth nearly $5 billion, a record.

The Wall Street Journal and Financial Times are pegging the price at around £4.25 billion, which the club mostly confirmed late Friday. Deadline’s sister publication Sportico also has details of the deal. 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.” 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 Association, has agreed to terms to acquire the English soccer club Chelsea in a deal worth almost $5 billion.

Todd Boehly agrees £4.25bn deal for Chelsea FC (Financial Times)

The biggest acquisition of a football club in history still requires the blessing of the Premier League and the UK government, those people said. They added ...

Chelsea FC announces group led by Todd Boehly to buy the club ... (CNN)

Chelsea Football Club announced Friday that terms have been agreed for a new ownership group, led by Todd Boehly, to buy the club in a deal worth more than ...

in early March following the Russian invasion of Ukraine, saying at the time it was "in the best interest of the Club." Boehly owns stakes in the MLB's Los Angeles Dodgers, the NBA's Los Angeles Lakers and the WNBA's Los Angeles Sparks. The club's current owner is Russian oligarch Roman Abramovich

Chelsea takeover: Todd Boehly reaches purchase agreement to ... (CBSSports.com)

The deal will now be pending approval from the Premier League and the United Kingdom government. "Chelsea Football Club can confirm that terms have been agreed ...

The Blues have three weeks left on their current operating license as they rush to avoid a mass player exodus, with Antonio Rudiger already set to leave for Real Madrid and Andreas Christensen preparing to join Barcelona over the summer after failing to agree to terms on contract extensions. This time around, according to CBS Sports' Ben Jacobs, the league has "soft vetted" the listed directors from Boehly's consortium as they rush against the clock with the club's current operating license is set to run out on May 31. The deal will now be pending approval from the Premier League and the United Kingdom government.

Todd Boehly-Led Group Has Signed Contract to Buy Chelsea From ... (Sports Illustrated)

After the club has seen weeks of tumult following the ousting of longtime owner Roman Abramovich, Chelsea F.C. appears to have settled on its future.

Abramovich’s frozen assets have prevented Chelsea from signing players for the past few months. However, Boehly’s group, which includes Clearlake Capital as the primary stakeholder in the organization, won out. Mark Walter, the Dodgers’ principal owner, is also part of the group.

Chelsea: Todd Boehly consortium signs £4.25bn agreement to buy ... (The Athletic)

Chelsea have confirmed Todd Boehly's consortium has agreed terms to buy the Premier League club from Roman Abramovich in a £4.25 billion takeover.

A Chelsea statement said the new owners will pay £2.5 billion for the club’s shares. British billionaire Sir Jim Ratcliffe delivered a dramatic twist in the race to buy Chelsea as the club's preferred bidders were informed More details will be provided at that time.”