Los Angeles Lakers Co-owner Boehly Submits Bid To Buy Chelsea 

March 6, 2022
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American billionaire Todd Boehly has reportedly put together a consortium that is leading the race to buy Chelsea from departing owner Roman Abramovich, according to a report in the UK’s sporting media.

Champions League holders Chelsea was officially put up for sale by the Russian on Tuesday, with the billionaire potentially set to face sanctions from the UK government following Russia’s invasion of Ukraine.

Consequently a host of potential bidders have been linked with a takeover of the club as a result, with Abramovich valuing the club at least around £3bn.

Boehly and his consortium are the latest to register an interest according to ESPN though, and the current Los Angeles Lakers and Los Angeles Dodgers part-owner is said to be leading the race.

After previously registering an interest in buying the club back in 2019 for around £2.2bn following the refusal of UK to grant Abramovich a work permit, the American, whose net worth is reportedly around £4.7bn, is looking at the possibility of returning with a similar offer.

Abramovich has owned Chelsea since 2003, and a deadline of March 15 has been set for any takeover bids to be submitted.

izu
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Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.

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