Todd Boehly Completes £4.25bn Takeover Of Chelsea

2 years ago
1 min read

 

American Multi billionaire Todd Boehly has completed the takeover of Chelsea Football Club and has promised to build on the team’s “remarkable history of success” after months of uncertainty.

Boehly’s consortium fought several serious rivals to become the new Chelsea owners, in a sale process that started on March 2 and comprised more than 250 enquiries.

Los Angeles Dodgers co-owner Boehly will “share joint control and equal governance of the club” with main partner Clearlake Capital investment firm.

Boehly will serve as chairman of the holding company, backing up his status as controlling owner – a set-up reached by virtue of his robust working relationship with Clearlake chief Behdad Eghbali.

“We are honoured to become the new custodians of Chelsea Football Club,” Boehly said.

“We’re all in – 100 per cent – every minute of every match.

“Our vision as owners is clear: we want to make the fans proud.

“Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the club for the long term and build on Chelsea’s remarkable history of success.

“I personally want to thank ministers and officials in the British government, and the Premier League, for all their work in making this happen.”

Russian-Israeli billionaire Abramovich’s 19-year tenure as Chelsea owner is now at an end.

The 55-year-old steered Chelsea to 19 major trophies, changing the face of English football forever with his major investment and drive for success.

Abramovich officially put the club up for sale on March 2, amid Russia’s continued invasion of Ukraine.

The UK Government then sanctioned Abramovich on March 10, claiming to have proven his links to Vladimir Putin.

Chelsea were able to continue to operate thanks to a strict, temporary Government licence, with Abramovich’s other UK assets frozen.

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.

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.


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