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Todd Boehly 'ready to launch Chelsea takeover bid'

Todd Boehly 'ready to launch Chelsea takeover bid'
© Reuters
American billionaire Todd Boehly is fronting a consortium that is leading the race to buy Chelsea from departing owner Roman Abramovich, according to a report.

American billionaire Todd Boehly has put together a consortium that is leading the race to buy Chelsea from departing owner Roman Abramovich, according to a report.

The Premier League side 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.

A host of potential bidders have been linked with a takeover of the Champions League holders as a result, with Abramovich valuing the club at 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, 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.

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Written by
Matthew Tranter

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General view of Chelsea's Stamford Bridge taken April 2018
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2Chelsea16104237191834
3Arsenal1686229151430
4Nottingham ForestNott'm Forest168442119228
5Manchester CityMan City168352823527
6Aston Villa167452425-125
7Bournemouth157352320324
8Fulham166642422224
9Brighton & Hove AlbionBrighton166642625124
10Tottenham HotspurSpurs1672736191723
11Brentford167273230223
12Newcastle UnitedNewcastle166552321223
13Manchester UnitedMan Utd166462119222
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16Everton153661421-715
17Leicester CityLeicester163582134-1314
18Ipswich TownIpswich162681628-1212
19Wolverhampton WanderersWolves1623112440-169
20Southampton1612131136-255


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