It has finally happened. Chelsea FC have a new owner, or more correctly, ownership group. Todd Boehly is the face of the consortium which includes Clearlake Capital, Mark Walter, and Hansjoerg Wyss. The deal is expected to cost £4.25bn with £1.75bn going towards the development of the men’s team, women’s team, stadium, and other facilities.
Club Statement.
— Chelsea FC (@ChelseaFC) May 7, 2022
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Boehly is the most well-known of the group and will be present at the game against Wolves as well. Moreover, he has also interacted with some supporters group and the future looks a lot brighter now.
Chelsea is sold for £3.75 billion.
🔚 Of the Roman Abramovich era
🌞 A new ownership led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss#Chelsea #Abramovich #chelseasold pic.twitter.com/edGhx02T10
— FootTheBall FC (@FootTheBallFC) May 7, 2022
However, several fans in England and around the world are not very familiar with Boehly in-depth. So, who is this wealthy individual with a track record of investment in sports?
Todd Boehly: From Germany with love
If the surname sounds unusual for an American, it is because Todd Boehly has a German heritage. Both of Boehly’s grandparents are from Germany, but they emigrated to the United States. Boehly has certainly not forgotten his roots, making regular trips to Germany and speaking with affection about his connection with the country.
Wrestling champion
Yes, it is true! Todd Boehly attended Landon School in Maryland, where he was part of the wrestling team. Boehly and his peers won two I.A.C. championships in 1990 and 1991. The school did not forget the contributions made by Boehly and renamed its wrestling department the Boehly Family Wrestling Room.
Todd Boehly in his wrestling days at school. Image credits: thescottishsun.uk
Todd Boehly founded Eldridge Industries
Todd Boehly was attached with a number of financial institutions, including…
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