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Owner Todd Boehly on the way out?

Thibaut Simon, Media365, published on Saturday September 7, 2024 at 7:23 p.m.

Chelsea Blues owner Todd Boehly could leave the club and sell his shares after internal disputes.

Arrived in 2022 As Chelsea chairman, Todd Boehly may no longer be part of the club. Indeed, the American businessman would like to sell his shares because of several disagreements, particularly with the club’s co-owner, Behdad Eghbali. According to the British media Bloomberg, The club’s recruitment policy, difficulties in building a new stadium and the team’s performance contributed to a break-up.

XXL recruitment, mixed results

Since Boehly’s arrival at the head of the London club, the Blues’ transfer window has not gone unnoticed. Last year, the club spent more than 400 million euros to bring in Caicedo, Lavia, Nkunku, Palmer and Jackson. This summer again, Chelsea spent more than 200 million euros to secure the services of Pedro Neto (around 60 million euros), João Felix, Kiernan Dewsbury-Hall and Filip Jorgensen. On the bench, Enzo Maresca arrived on July 1 to take charge of the team. Despite this recruitment, the club engaged in the Conference League has not been performing as expected by the fans and Todd Boehly. So far, the Blues have won just once this season and suffered an opening defeat against City, as well as a draw against Crystal Palace.

Boehly ready to sell his shares?

Todd Boehly, who also owns a baseball team, the Los Angeles Dodgers, could sell his shares. As a reminder, Investment firm Clearlake Capital owns 61.5% of the club’s shares. The remaining 38.5% is shared between three businessmen. They are Todd Boehly, Mark Walter and Hansjorg Wyss. The future of the 50-year-old American whose personal fortune is estimated at 4.5 billion dollars – a little over 3.5 billion euros – is moving further and further away from London. Until when will Todd Boehly take his place in the stands? The answer (perhaps) will be on September 14 on the Bournemouth pitch.

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