Todd Boehly has spoken for the first time since becoming Chelsea’s new owner, making a pledge to the Stamford Bridge faithful after Roman Abramovich handed over the keys
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Government approve Boehly’s Chelsea takeover
New Chelsea owner Todd Boehly has broken his silence silence after the club’s takeover was completed.
The US business tycoon’s consortium have taken control from Roman Abramovich and Boehly declared upon the official announcement: “We are honoured to become the new custodians of Chelsea Football Club. We’re all in – 100% – every minute of every match. Our vision as owners is clear: we want to make the fans proud.
“Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the Club for the long-term and build on Chelsea’s remarkable history of success. I personally want to thank ministers and officials in the British government, and the Premier League, for all their work in making this happen.”
The Blues confirmed the details of Boehly and co’s long-awaited takeover in a thorough statement. “The consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced completion of the ownership transfer of Chelsea Football Club,” it read.
“The consortium also includes Hansjörg Wyss, founder of the Wyss Foundation, and Mark Walter, co-founder and CEO of Guggenheim Capital. Walter and Boehly are owners of the Los Angeles Dodgers, the Los Angeles Lakers, and the Los Angeles Sparks. The transaction has received all necessary approvals from The Government of the United Kingdom, The Premier League, and other authorities.”
Behdad Eghbali and Jose Feliciano, who are Clearlake’s co-founders and managing partners, added: “We are excited to commit the resources to continue Chelsea’s leading role in English and global football, and as an engine for football talent development. We also want to thank the authorities for all their work throughout the process.
“As pioneers in sports and media investing, we are thrilled to partner with Todd and the rest of the consortium to meaningfully grow the Club as a global platform. Together, we will expand the Club’s investment across infrastructure, technology, and sports science to support the incredible Chelsea football and commercial teams – all with the goal of leveraging this growth to fuel even more on-pitch success.”
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