FILE PHOTO: Soccer Football - Premier League - Chelsea v Wolverhampton Wanderers - Stamford Bridge, London, Britain - May 7, 2022 Chelsea new owner Todd Boehly reacts REUTERS/Tony Obrien
An investment group led by Boehly and Clearlake Capital acquired Chelsea in May after former owner Roman Abramovich put the club up for sale following Russia's invasion of Ukraine, which Moscow calls a"special military operation". "Financial Fair Play is starting to get some teeth and that will limit ability to acquire players at any price," Boehly said at the SuperReturn International conference in Berlin.
Boehly, who is part-owner of the Los Angeles Dodgers MLB team, said he was hoping to use an American model to develop football's financial potential and help Chelsea players build a better personal brand.