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“US investors’ buy of Chelsea FC soccer club puzzles Wall Street” A coterie of US investors took control of the British soccer team Chelsea FC last month — and some Wall Street insiders are still struggling to understand why. Todd Boehly — a co-owner of the Los Angeles Dodgers whose free-spending strategy over the past…
“UK government approves sale of Chelsea by sanctioned Roman Abramovich” LONDON — Roman Abramovich’s 19 years as Chelsea owner is closer to ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The government had to…
“Todd Boehly-led consortium’s takeover of Chelsea approved” The Boehly-Clearlake consortium, which agreed to terms to acquire Chelsea for $5.33 billion earlier this month, passed the Premier League Owners’ and Directors’ Test, the league said on Tuesday, paving the way for the club’s takeover. The proposal also needs approval from the British government before the consortium can complete…
“Dodgers part-owner Todd Boehly in talks to acquire Chelsea FC: report” A group of investors led by Los Angeles Dodgers part-owner Todd Boehly is reportedly on the verge of paying $3 billion for Chelsea Football Club, the London-based Premier League team that is being sold by sanctioned Russian oligarch Roman Abramovich. Boehly, the investment banker…
“Cubs owners drop plan to buy Chelsea after racist comments” The owners of the Chicago Cubs dropped their interest in buying Chelsea FC, leaving three remaining bids for the enforced sale of the Premier League club by sanctioned Russian owner Roman Abramovich. The bid was being led by Cubs chairman Tom Ricketts but faced opposition…
“‘Russian asset tracker’ tallies $17.5B worth of oligarchs’” A new online database is pulling back the curtain on the massive wealth accumulated by cronies of Russian President Vladimir Putin. The “Russian Asset Tracker” was unveiled Monday by the Organized Crime and Corruption Reporting Project, with details on $17.5 billion worth of luxury homes, aircraft, yachts…
“#Christian Pulisic first American to play in Champions final” PORTO, Portugal — Christian Pulisic became the first American man to play in a Champions League final on Saturday. He came away with a winner’s medal, too — and almost a goal. The Chelsea forward came on as a substitute in the 66th minute with his…