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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…
“Russian Roman Abramovich reportedly pushes Ukraine peace talks” Sanctioned Russian oligarch Roman Abramovich has traveled to Kyiv to try to restart peace negotiations between Russia and Ukraine, according to a report — just days after another $7 billion worth of his assets were frozen. Abramovich huddled with Ukrainian government representatives to try to revive talks…
“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…
“Roman Abramovich-linked assets worth $7B seized in tax haven island of Jersey” A small island in the English Channel is freezing assets linked to sanctioned Russian oligarch Roman Abramovich worth more than $7 billion — the latest in a series of crackdowns targeting the billionaire over his close ties to the Kremlin. The Channel Island…
“Roman Abramovich’s $120M Riviera mansion seized by French authorities” French authorities have reportedly seized an $120 million mansion belonging to Russian oligarch Roman Abramovich. The historic home — located on the ritzy Riviera — was previously leased by King Edward VIII after he abdicated the British throne to marry divorcée Wallis Simpson. The property is…
“Russian oligarch Roman Abramovich’s secret $1B superyacht fleet revealed” Sanctioned Russian oligarch Roman Abramovich’s fleet of superyachts was revealed Friday to be more extensive than previously known following the discovery of two more luxury vessels in Antigua – both of which now face seizure. British authorities have determined that Abramovich is the owner of the…
“Roman Abramovich feared for his life after apparent poisoning” Russian oligarch Roman Abramovich was in such bad shape that he feared that he would die after an alleged poisoning attack earlier this month during peace negotiations to end the invasion into Ukraine, a report said Wednesday. “Are we dying?” Abramovich asked a scientist brought in…