Todd Boehly

Mr Boehly claims to have investments in more than 70 operating businesses, ranging from media to sports. The businessman is well-versed in sports club ownership ...

He also reportedly attempted to purchase Tottenham Hotspur in 2019. Forbes describes it as a “diverse conglomerate with investments ranging from Bruce Springsteen’s song rights to daily fantasy and sports-betting firm DraftKings.” According to the club, £2.5bn will go towards purchasing the shares in the club – and this money will be put into a frozen UK bank account “with the intention” to donate 100 per cent of it to charity. According to The Athletic, he was in ‘advanced negotiations’ with the club for a sale price of around £2.3bn, though no final deal was agreed and the sale fell through. Eldridge reportedly owns Dick Clark Productions, which produces the awards ceremony. Mr Boehly received a Bachelor of Business Administration at the College of William and Mary, a public research university in Virginia, where he later founded The Boehly Centre for Excellence in Finance there.

Roman Abramovich announced Chelsea was up for sale on March 2. LA Dodgers part-owner beat competition from Sir Jim Ratcliffe, who bid £4.25bn, and two other ...

However, the Broughton consortium - led by former Liverpool and British Airways chairman Sir Martin, and including the billionaire Crystal Palace shareholders Dave Blitzer and Josh Harris - was still in the race. Chelsea had until May 31 to find a new bidder as the UK Government's licence for the club to operate ran out on that date. Tennis legend Serena Williams was also among the backers of the Broughton consortium. Chelsea say a deal is "expected to complete in late May". With the Raine Group - hired by Abramovich to oversee the sale of the club - having chosen its preferred bidder, the government can issue a separate licence to allow the Premier League club to be sold. The proposed deal, announced by the club in a statement in the early hours of Saturday morning, has to be approved by the UK Government and the Premier League before it can be completed.

Todd Boehly is set to become Chelsea FC's new part-owner after his consortium won its bid to buy the club for £4.25 billion. Chelsea published a statement ...

Abramovich also vowed to pass on "all net proceeds" from the sale to a new charitable foundation to help "all victims of the war in Ukraine". More details will be provided at that time." The statement added: "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 Roman Abramovich. UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account.

Todd Boehly was in attendance at Stamford Bridge for Chelsea's 2-2 draw with Wolves on Saturday, hours after his ownership group agreed a £4.25billio.

Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Bet £10 & Get £50 in Free Bets for new customers at bet365. More details will be provided at that time.” “In addition the proposed new owners will commit £1.75billion in further investment for the benefit of the club. “UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account. “Of the total investment being made, £2.5billion 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 per cent to charitable causes as confirmed by Roman Abramovich.

Todd Boehly, a 46-year-old American billionaire, and his consortium of partners has signed the paperwork to take over Chelsea FC from Roman Abramovich.

"However, I do believe this is in the best interest of the Club. Boehly led the purchase of Major League Baseball franchise LA Dodgers in 2012, completing a $2.1 billion takeover. Abramovich bought the Blues for $231 million (£140 million) in 2003 and several billionaires around the world showed interest in taking over club. Boehly notably sealed a major deal in 2013, between Time Warner Cable and the Dodgers to create SportsNet LA, a regional network to broadcast all LA Dodgers content. Chelsea Football Club and its supporters will always be in my heart." The Dodgers have the highest payroll in baseball for the 2022 MLB season, valued at over $289 million, which is $30 million more than any other team. Chelsea confirmed that the $3.1 billion would be "deposited into a frozen UK bank account with the intention of donating 100 percent to charitable causes as confirmed by Roman Abramovich." According to the numbers shared by the club in a statement published May 6, Boehly's group is purchasing the club in a deal worth $5.25 billion (£4.25 million), making it the most expensive team transaction in sports. From Bethesda, Maryland, the grandson of German immigrants made his money in investments and was the president of Chicago financial services firm Guggenheim Partners. Today he is the co-founder, CEO and chairman of Eldridge Industries, a private investment firm which makes investments across many different sectors. However, in late April, reports emerged that the Boehly's bid had been named as the sole preferred bid, entering into exclusive final negotiations to seal the transaction. An investor group led by LA Dodgers part owner Todd Boehly is taking over Chelsea FC from Roman Abramovich, the Russian oligarch who served as owner of the Premier League club since 2003. In 2015 he co-founded Eldridge Industries with assets including media assets Billboard, Variety, The Hollywood Reporter, Dick Clark Productions, and Security Benefit, which manages retirement funds.

Chelsea manager Thomas Tuchel has delivered his honest verdict on American businessman Todd Boehly closing in on his consortium's takeover of the Blues.

We were 2-0 up and against we took too much risk. Chelsea manager Thomas Tuchel has delivered his honest verdict on American businessman Todd Boehly closing in on his consortium's takeover of the Blues. Thomas Tuchel Delivers Verdict on Todd Boehly Closing In on Chelsea Takeover

ROB DRAPER: Boehly and his partners agreed a £4.25billion deal to buy the club from Roman Abramovich in the small hours of Saturday morning.

Chelsea also have the issue of Romelu Lukaku to solve. 'We still hope for a positive outcome and for the situation to be solved. I'm no more excited to come to the stadium. Tuchel said: 'I heard today in the morning and I'm in the middle of preparing my session. 'We hope for the best and situation [being sanctioned] is so long now that we need it to be solved. Boehly and his partners agreed a £4.25billion deal to buy the club from Roman Abramovich in the small hours of Saturday morning.

Chelsea News: Lineker added to the Blues fans' misery with his tweet aimed at new owner Todd Boehly.

This despite having the likes of the usually reliable Thiago Silva, Antonio Rudiger and César Azpilicueta all in Thomas Tuchel's backline for this fixture. The club statement read: "Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club. It's not worth thinking about, we have our own stuff to solve and make better."

Todd Boehly was in attendance watching Chelsea in their Premier League clash with Wolves at Stamford Bridge.

"Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club," the statement read. After Chelsea released a statement in the early hours of Saturday morning confirming Todd Boehly's consortium have agreed on a deal to become the new ownership group of the club. Boehly could be seen reacting to Ruben Loftus-Cheek's disallowed goal towards the end of the first half.

A group of investors led by Dodgers part-owner Todd Boehly has agreed to purchase Chelsea Football Club from sanctioned Russian oligarch Roman Abramovich.

“… In addition, the proposed new owners will commit £1.75bn [about $2.16 billion] in further investment for the benefit of the Club.” The deal is expected to be completed in late May “subject to all necessary regulatory approvals,” the team said in a statement. “Of the total investment being made, £2.5bn [about $3 billion] 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 Roman Abramovich,” Chelsea’s statement said.

A consortium led by Todd Boehly has struck a $5.24 billion deal to acquire top English Premier League soccer club Chelsea FC.

Abramovich has owned the club since 2003. Chelsea FC has been up for sale since the Russian invasion of Ukraine, which led to the U.K. government imposing sanctions on Russian oligarchs, including club owner Roman Abramovich. Boehly owns holding company Eldridge, which owns MRC and Dick Clark Productions, producers of Hollywood’s popular Golden Globes Awards, and serves as interim CEO of the Hollywood Foreign Press Association, which operates the awards. “Of the total investment being made, £2.5 billion will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen U.K. bank account with the intention to donate 100% to charitable causes as confirmed by Roman Abramovich. U.K. Government approval will be required for the proceeds to be transferred from the frozen U.K. bank account.” “Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club,” Chelsea FC said in a statement early Saturday, local time. A consortium led by Todd Boehly has struck a deal reportedly worth £4.25 billion ($5.24 billion) to acquire top English Premier League soccer club Chelsea FC, one of the highest price tags ever agreed for a sports club in history.

Chelsea News: Todd Boehly and Saudi Media Group present for Chelsea vs Wolves game at Stamford Bridge.

It is expected that the new elected owner will be attending all the remaining fixtures this season including the upcoming FA Cup final, so we will certainly see a lot more of his face in the forthcoming weeks. Al Khudair himself hasn't let this disappointment affect his loyalty to a club he supports. More details will be provided at that time."