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

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.

Izuchukwu Okosi

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. In October 2004, Okosi joined Complete Communications Limited, publishers of Complete Sports newspaper and Complete Football magazine as a reporter and later script writer for the Complete Sports studio. He worked there for 13 years until October 2017. Okosi also worked various times as Correspondent, Content creator and Editor at Sports Market International Magazine, Opera News, All Nigeria Soccer Media and Iconic Media Watch. He also undertook freelance writing gigs for some local and international organizations. Okosi is a member of the Actors Guild of Nigeria (AGN), Association of Movie Producers (AMP), Association of Voiceover Artistes of Nigeria (AVOA), Sports Writers Association of Nigeria (SWAN) and Nigeria Union of Journalists (NUJ). He has been part of cast in some Nollywood movies and radio dramas including Blood Money 2, Scores To Settle, Dead End 2, Another Campus Tale and Battle Line. Aside mainstream media and the entertainment industry, he has interests in scouting/unearthing of talents in the sports and creative sectors, exports business and property development.