Chelsea Football Club was sold by Abramovich to Todd Boehly in the early hours of Saturday, 7th of May, 2022. Chelsea was sold by Abramovih to Todd Boehly, as a result of sanctions by the England’s Football association.
Chelsea’s new owner, Todd Boehly had previously shown interest in purchasing the Club in 2019 but his bid of $3 billion (three billion dollars) was turned down by Abramovich at the time. However, Todd Boehly has finally purchased the Club. Todd Boehly has a net worth of $4.5 billion (4.5 billion dollars).
Todd Boehly also has a lot of expensive assets apart from Chelsea and they include:
1.Todd Boehly owns 20% of a baseball team in Los Angeles. He is well known for his part-ownership with the team. The team is known as Los Angeles Dodgers.
2.Todd Boehly and Mark Walter together, purchased 27% of a female basketball team in July 2021. This makes him a part owner pf the basketball team. The basketball team is known as Los Angeles Lakers.
3.In 2015 he co-founded Eldridge Industries with assets including media assets Billboard, variety, security benefits which manages retirement funds.
4.Todd Boehly also went on to invest in real estate, own a technology company and get involved in the food industry. He also has a consortium ( an association of several companies).
Todd Boehly has now added Chelsea to his list and this shows how wealthy this man is.
Todd Boehly has also agreed to invest $1.7 billion (1.7 billion dollars) in developing Stamford Bridge, the youth and also the Chelsea female footballers. He also hopes to make ‘heavy investment’ this summer to bolster Chelsea’s transfer business.