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Boehly officially replaces Abramovich as Chelsea owner

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SPORTS NEWS: Boehly officially replaces Abramovich as Chelsea owner [New Sports News] » Naijacrawl
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The Todd Boehly-led consortium on Monday completed a £4.



25bn takeover of Chelsea.

It brings to an end Roman Abramovich’s 19-year ownership of the club.

The new owners, in a statement, said they are “committed to investing in key areas that will extend and enhance Chelsea’s competitiveness, including the redevelopment of Stamford Bridge, further investment in the academy, the women’s team and Kingsmeadow stadium,” adding they will “continue the important work of the Chelsea Foundation."

After months of negotiations, the deal was finally approved last week when the government received legal guarantees that Abramovich would not benefit from the sale.

The proceeds from this sale will be frozen in a UK bank account until the government receives more assurances that the funds will solely go to support humanitarian causes in Ukraine.

Boehly set out his consortium’s vision in a statement on Chelsea’s website and added: “I personally want to thank ministers and officials in the British government, and the Premier League, for all their work in making this happen.”

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Ojo Sunday Victor, A Professional Graphics Designer, and a skilled Content Writer in Entertainment, News and Sport Update.!An Undergraduate in Ladoke Akintola University of Technology (LAUTECH, Ogbomoso). Read More

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Chelsea drop points against Wolves as new owner Boehly watches from Abramovich’s seat

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SPORTS NEWS: Chelsea drop points against Wolves as new owner Boehly watches from Abramovich’s seat [New Sports News] » Naijacrawl
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Chelsea were held to a 2-2 draw by Wolves in a Premier League fixture on Saturday.The Blues dropped points in front of their new owner, Todd Boehly, who sat in Roman Abramovich’s director’s box seat.The hosts raced into a two-goal lead in the second half after the opening 45 minutes ended goalless.Romelu Lukaku converted from the spot before bending in a fine finish.However, Wolves fought back through Trincao and Conor Coady to earn a point at Stamford Bridge.Chelse...
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New Chelsea owner, Boehly faces first challenge as top star insist on leaving Stamford Bridge

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SPORTS NEWS: New Chelsea owner, Boehly faces first challenge as top star insist on leaving Stamford Bridge [New Sports News] » Naijacrawl
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According to AS, Chelsea captain Cesar Azpilicueta has refused to stay at Stamford Bridge after a successful acquisition by new owner Todd Boehly.On Saturday, he was at Stamford Bridge for the Premier League's 2-2 tie with Wolves.The first major difficulty for Boehly at the club is that one of Chelsea's main players, Azpilicueta, is scheduled to inform the new owner of his intention to leave this summer.On Saturday morning, it was revealed that Boehly, a US business...
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New Chelsea owner, Todd Boehly identifies two players to give new contracts

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SPORTS NEWS: New Chelsea owner, Todd Boehly identifies two players to give new contracts [New Sports News] » Naijacrawl
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Chelsea's new owners, led by Todd Boehly, have prioritized the contract issues of Reece James and Mason Mount.Boehly's ownership group, which includes Hansjorg Wyss, Mark Walker, and investment firm Clearlake Capital, has agreed to buy the Premier League club for roughly £4.25 billion.Before the sale can be finalised, the UK government and Premier League must both give their consent.However, according to Goal, the new ownership group is concerned about the contract...
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