Boehly-led consortium completes £4.25bn Chelsea takeover An American consortium led by Todd Boehly, co-owner of the Los Angeles Dodger baseball team, has officially completed the acquisition of Chelsea FC for £4.25 billion.on Monday.
Aside from Boehly, other members of the consortium include Mark Walters, Hansjoerg Wyss, the Swiss billionaire, and Clearlake Capital.Boehly and Clearlake will share joint control and equal governance of the club, while the former will serve as chairman of the holding company. “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.
Speaking on the acquisition, Boehly said the plan of the consortium is to “invest in the club for the long-term and build on Chelsea’s remarkable history of success.”