the future owner of Chelsea will make big investments

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Both on and off the pitch, Chelsea are having a busy end to the season. On the stage, the residents of Stamford Bridge, third in the Premier League and chased by Arsenal and Tottenham, will face Liverpool in the FA Cup final this Saturday. Backstage, it is the hot file of the sale of the club, property of the Russian oligarch Roman Abramovich for years, which shakes everyone. But on May 7, the Blues also formalized an agreement with a buyer via a press release.

“Chelsea Football Club can confirm that terms have been agreed for a new group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the club. Of the total investment made, £2.5 billion will be used to purchase the club’s shares and this proceed will be deposited in a frozen UK bank account with the intention of donating 100% to charitable causes, as confirmed by Roman Abramovich. UK government approval will be required for proceeds to be transferred from the frozen UK bank account.”

Todd Boehly, future owner

Then the club added: “In addition, the proposed new owners will commit £1.75bn of additional investment to benefit the club. This includes investments in Stamford Bridge, the Academy, the women’s team, Kingsmeadow and continued funding for the Chelsea Foundation.” If a few details still remain to be settled, the sale of Chelsea for 5 billion euros therefore seems to be on the right track. Great news for the consortium led by Todd Boehly, co-owner of the Los Angeles Dodgers baseball team.

A man who intends to put his hand in his pocket, he who has great ambitions for the Blues. This was admitted by Daniel Finkelstein, who will be present on the board of directors once the club is purchased, to Talk TV. His words are echoed by The Sun. “We are still in the early stages. He has reached a sale agreement with Chelsea and now the government must authorize the sale because they are a sanctioned club and the Premier League must make a decision. I think Chelsea are going to have a fabulous owner in Todd Boehly. I’m really impressed with him.”.

Significant investments from the next transfer window

He pursues : “I was very impressed before meeting him. I think the same as him about sports, so it was kind of a meeting anyway. I like him a lot, but I think he has big plans too. So, as a Chelsea fan who was worried when the club had to be sold, I’m looking at how the club can be improved rather than just how we can prevent it from being in a worse situation. The work of the owner is judged by how well we spend the money, not just how much we spend.”

Finally, he concluded on the subject of transfers and the next transfer window, where great financial efforts will be made: “The truth is, there’s a lot of money behind Todd Boehly’s candidacy. There will be a lot of investment in the club but the money will also be invested wisely.. Excellent news for Thomas Tuchel, whom the new owners want to keep. Chelsea intend to strengthen, especially after the probable departures of Antonio Rüdiger, Andreas Christensen and Cesar Azpilicueta. Jules Koundé (Sevilla) is still the priority track in defense. The future owner of Chelsea therefore intends to put his hand in his pocket this summer.

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