Nothing better than to see things falling apart at Chelsea.
The club that the Premier League allows to be run in the most ridiculous way, without any sanctions.
As we are increasingly seeing, the ‘rules’ and ‘fairness’ as the Premier League hierarchy are so keen to call with PSR, are anything but ‘fair’…
The ‘rules’ allowing Chelsea to spend over £1.5billion on players in just over two years under the owners who took over in summer 2022, then selling themselves their own hotels for over £76m to avoid PSR points losses.
These new American owners paying £2.5billion to take over from the disgraced Abramovich, as well as committing to ‘investing’ another £1.75billion.
How exactly that was ever going to him when paying so much for a club that gets crowds of less than 40,000 and plays in a now super competitive Premier League, where qualifying for the Champions League is a massive challenge these days, never mind winning it. As Thomas Tuchel masterminded for them back in 2021, yet a year later only giving a few matches before these new clueless owners were so determined to sack him, having taken over all control of signings themselves.
Just over two years on and these Chelsea owners losing fortunes as they plough more and more money into the club, with zero chance of ever getting it all back, never mind make a profit.
Now Bloomberg reporting (see below) massive problems behind the scenes, with the Chelsea owners no longer in a happy marriage, divorce the only option. Though who will eventually be left holding this very ugly baby, remains to be seen.
These arrogant Chelsea owners coming into the English game and believing they could reinvent the wheel/football (proper football not American rugby).
New exclusive on ownership problems at Chelsea from Bloomberg – 6 September 2024:
‘Chelsea FC’s main shareholders are exploring their ownership of the English Premier League football club after little more than two years in charge, amid a deterioration in relations, people familiar with the matter said.
California-based private equity firm Clearlake Capital — Chelsea’s majority owner — and US businessman Todd Boehly (pictured below with Amanda Staveley) are assessing whether they can potentially buy each other out, according to the people.
The relationship between Clearlake co-founder Behdad Eghbali and Boehly, who together led a hard-fought takeover of Chelsea in 2022, has deteriorated in recent months, according to the people, as a period of heavy spending at the club has failed to bring success on the field.
Clearlake owns more than 60% of Chelsea, with Boehly holding the rest alongside US businessman Mark Walter and Swiss billionaire Hansjörg Wyss. Bloomberg News reported last year that Boehly was dialing back his involvement at Chelsea after a difficult first season in charge.’
