Todd Boehly

Everything you need to know about Todd Boehly, the Dodgers co-owner who is at the center of the record-breaking sale of Chelsea FC.

A Phoenix native, he originally interned at The Times before joining the staff in 2019. Mark Walter, the Dodgers principal owner (who also reportedly joined Boehly’s bid for Chelsea), was the company’s chief executive. Boehly quickly emerged as one of Chelsea’s top suitors.

A consortium led by LA Dodgers part-owner Todd Boehly wins the bid to acquire English Premier League football club Chelsea in a deal worth up to $6.97 ...

May 6: A consortium led by Mr Boehly and backed by Clearlake Capital wins the bid. March 11: Potential buyers for Chelsea are told to approach the government. March 10: Britain halts the planned sale of Chelsea and imposes sanctions on Mr Abramovich, effectively placing the club under government control. The proposal is sent to the government and Premier League for approval. It expires on May 31. More details will be provided at that time."

A consortium led by Todd Boehly has signed a contract to buy Chelsea and a deal will go through subject to Premier League and UK government approval.

Abramovich has said net proceeds from the sale will go to charity. The Premier League must ensure all the consortium’s members pass its owners’ and directors’ test and Chelsea have to apply for a licence from the government to complete the takeover. A consortium led by Todd Boehly has signed a contract to buy Chelsea and the deal to end Roman Abramovich’s ownership will go through subject to Premier League and UK government approval.

A group led by Todd Boehly has agreed to terms to acquire the English soccer club Chelsea in a deal worth nearly $5 billion, a record.

The Wall Street Journal and Financial Times are pegging the price at around £4.25 billion, which the club mostly confirmed late Friday. Deadline’s sister publication Sportico also has details of the deal. Chelsea FC, in a statement tonight, said that “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 [former owner] Roman Abramovich. UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account.” A group led by Todd Boehly, who also owns a stake in the Los Angeles Dodgers, the Los Angeles Lakers, dick clark productions and who is currently the caretaker CEO of the Hollywood Foreign Press Association, has agreed to terms to acquire the English soccer club Chelsea in a deal worth almost $5 billion.

The biggest acquisition of a football club in history still requires the blessing of the Premier League and the UK government, those people said. They added ...

Chelsea Football Club announced Friday that terms have been agreed for a new ownership group, led by Todd Boehly, to buy the club in a deal worth more than ...

in early March following the Russian invasion of Ukraine, saying at the time it was "in the best interest of the Club." Boehly owns stakes in the MLB's Los Angeles Dodgers, the NBA's Los Angeles Lakers and the WNBA's Los Angeles Sparks. The club's current owner is Russian oligarch Roman Abramovich

A statement confirming that Todd Boehly's consortium will be presented to the government and Premier League is said to be imminent as a deal between the ...

The government are said to have already held talks with the group with the help of George Osborn and it is expected that there will be no further delays, with Chelsea set to have new owners in place sooner rather than later. A statement confirming that Todd Boehly's consortium will be presented to the government and Premier League is said to be imminent as a deal between the group and Chelsea for the takeover of the club is said to be close. As per the Times, the statement confirming their presentation to the government and Premier League is said to be imminent.

Premier League heavyweights Chelsea will be sold to a consortium led by LA Dodgers part-owner Todd Boehly, the club announced today.

The new ownership consortium has also promised an additional £1.75bn ($A3.05bn) of investment in the club. Clearlake Capital, a US investment firm, is set to be the majority owner of the club, but the consortium also includes Swiss billionaire Hansjoerg Wyss and American Mark Walter, who is the majority owner of the Dodgers and also – alongside Boehly – owns a share in the LA Lakers. The £4.25bn ($A7.4 billion) agreement must first receive approval from the Premier League and the UK government, but is expected to be finalised by the end of the month.

After the club has seen weeks of tumult following the ousting of longtime owner Roman Abramovich, Chelsea F.C. appears to have settled on its future.

Abramovich’s frozen assets have prevented Chelsea from signing players for the past few months. However, Boehly’s group, which includes Clearlake Capital as the primary stakeholder in the organization, won out. Mark Walter, the Dodgers’ principal owner, is also part of the group.

Todd Boehly co-owner of di LA Dodgers baseball team and own stake for three sports teams for Los Angeles, America. Chelsea Football Club confam di sale on ...

But say im no go ask make dem pay back any loan. Abramovich say im go donate di proceeds of di sale to war victims. But for im statement e announce im intention to sell im ownership "no be about business or money, but about pure passion for di game and club". Abramovich toktok pesin say di Russian business man "remain committed" to making sure di money from di sale "go to good causes". On Thursday, Abramovich say im no tok say make dem repay im £1.5bn loan to Chelsea wen dem sell di club. Di Chelsea statement add say di new owners go pay £2.5bn for di club shares.

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.

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.

Todd Boehly is set to be in attendance at Stamford Bridge on Saturday afternoon when Chelsea face Wolves in the Premier League.

It will be the first time he attends a game since the purchase agreement was signed. More details will be provided at that time." "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 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.

The American billionaire was in London on Friday night ahead of the completion of the sale and is expected to be in the stands when Chelsea play Wolves at ...

The sojourn reinvigorated Boehly and is said to have inspired in him an enduring love of the city. Boehly is known in the US for his philanthropy, having invested in his alma mater William & Mary as well as several medical charities. Among countrymen, however, he is perhaps most celebrated for his work with the Dodgers. Under Guggenheim’s management and with Boehly serving as a partner, the franchise’s World Series victory in 2020 was its first in 22 years. The more World Series we win, the more valuable a franchise it is, right?’ So I came back to Landon and I talked to Mr Sorkin,’ said Boehly. ‘It was Sork’s idea to go study at the London School of Economics. He said, “You need a redo, so go find it”. And for that I’ll forever be grateful.’ Its diverse portfolio includes Los Angeles Dodgers baseball team, NBA side Los Angeles Lakers, the song catalogues of Bruce Springsteen and The Killers, as well as myriad technology and property interests. His notable contributions to it included advising clients to avoid investing in several companies where major fraud was subsequently exposed, among them the energy company Enron. When Todd Boehly was asked to identify the key to his success in the boardroom, the American’s answer revealed a businessman who valued diplomacy above ruthlessness. There is no doubt Boehly has won hearts and minds over the past two months, much as he appears to have done elsewhere in life to date. ‘I just kind of lived with a simple mantra, if I said I was going to do it I’d get it done,’ he told Yahoo last year. Two of Boehly’s teachers also attended, including Steve Sorkin, who taught maths and served as a mentor for the teenage Boehly even beyond his graduation. Boehly had served on the wrestling team that won an interstate championship in 1990 and 1991.

Chelsea News: The new American owner has already had his first taste of VAR after what happened late in the first half at Stamford Bridge.

What will remain, though, was the new owner's jubilant initial reaction to what he had saw been created from a corner. As for the game itself and after a rather tepid start to proceedings at Stamford Bridge, Romain Saiss' free header woke the Blues up after they could have easily been 1-0 down early on. 'In addition, the proposed new owners will commit £1.75bn in further investment for the benefit of the Club. This includes investments in Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.

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.

A consortium led by Los Angeles Dodgers part-owner Todd Boehly has won the bid to acquire Chelsea for $5.25 billion.

"In addition, the proposed new owners will commit £1.75bn ($2.14bn) in further investment for the benefit of the Club." "Of the total investment being made, £2.5bn ($3.1bn) 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 said in a statement. The sale, which has a total value of £4.25 billion ($5.25 billion), is expected to be completed in late May subject to all necessary regulatory approvals.

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 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."

New Chelsea owner Todd Boehly watched on in horror as he saw his club blow a two-goal lead against Wolves on Saturday, as the race for Champions League ...

We have not been as sharp or as fluid as we’ve been before but we scored to go 2-0 and that should have been enough.’ Our job is to train the best we can and get the results so that is why we’re disappointed. ‘We need to do the basics better. It is in our hands and we have an FA Cup final to play. Reacting to result which gives both Tottenham and Arsenal fresh hope of catching Chelsea in the table, club captain Cesar Azpilicueta said: ‘It’s very disappointing because we were leading 2-0 so to drop two points in this way is very disappointing. Our focus has been on the pitch.

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.

Todd Boehly was left with his head in his hands as Chelsea relinquished a Romelu Lukaku-inspired two-goal lead to slip to a 2-2 Premier League draw with ...

Coady still managed to find time to shock the hosts with a headed goal to send the travelling fans into raucous celebration. Just when the hosts had the game on lockdown, however, up popped Trincao with that fine finish to heap a renewed nervous tension on the Blues. Chelsea’s number nine stepped up and buried the spot-kick without issue to cut the tension after a patchy and goalless first half. Instead, the Blues must labour on in patchy form, with a defeat and two draws from their last three matches. Todd Boehly was left with his head in his hands as Chelsea relinquished a Romelu Lukaku-inspired two-goal lead to slip to a 2-2 Premier League draw with Wolves. Chelsea’s club-record £98million signing Lukaku’s brace should have won the day for the Blues but Wolves had other ideas, with Francisco Trincao and then Coady turning the match on its head.

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.

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.