More spending?! Chelsea ready to borrow further £250m after summer of investment

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Chelsea owners are reportedly considering to borrow around £250 million ($305 million) after a summer of investment.

Chelsea's owners are reportedly considering borrowing around £250 million after a summer of investment.Already have £800 million in loansthe Blues are exploring the possibility of borrowing an additional £250 million to support their ongoing investment in the football club. They have brought onboard Bank of America Corp. to provide guidance in this matter.

This move aims to provide the club with the financial resources needed for player acquisitions and the redevelopment of Stamford Bridge.While deliberations are ongoing, it was reported that lenders were even invited to attend Chelsea's recent match against Aston Villa. The club recently raised £500 million through subordinated debt from Ares Management Corp.

 

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