CHELSEA could join fellow top six clubs Man Utd, Arsenal and Liverpool under American ownership in the future.
That’s because US billionaire and philanthropist Todd Boehy made an offer to buy the club from Roman Abramovich, according to reports.
Todd Boehly made a formal offer to buy ChelseaCredit: Getty – Contributor
Who is Todd Boehly?
Todd Boehly is Chairman, Chief Executive Officer and controlling member of Eldridge Industries, a private investment firm headquartered in Greenwich, Connecticut.
Both his grandparents were immigrants to the US from Germany.
Boehly has some background in the UK, having previously studied at the London School of Economics.
After an early career at Credit Suisse First Boston and J.H. Whitney & Company, before moving to Guggenheim Partners in 2001.
In 2015, Boehly bought some of the assets he had collected at Guggenheim, including The Hollywood Reporter, Dick Clark Productions, and Security Benefit to found his current firm Eldridge Industries – a private investment company that specializes in providing both debt and equity capital.
Boehly has an estimated net worth of £4.72bn and owns 20 per cent of baseball side the Los Angeles Dodgers.
What is the latest update on his bid for Chelsea?
The Financial Times state that Boehly has made an offer to buy the Blues.
However, the American’s bid was rebuffed by Roman Abramovich as it did not meet his £3bn valuation of the club.
Abramovich has not attended a match in England since the Home Office delayed his visa renewal application last year.
But sources close to the Russian state he does not want to sell Chelsea and is still keenly following the club on television.
Previously, Britain’s richest man Sir Jim Ratcliffe was linked with a bid to buy Chelsea, but decided against it due to uncertainty over the club’s stadium redevelopment.
Source: Soccer - thesun.co.uk
