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Todd Boehly-led group agrees to buy Chelsea FC

LONDON, UK (APRIL 12, 2022) (ARCHIVE) Todd Boehly's group has reached an agreement to purchase English football giant Chelsea in a record £4.25 billion ($5.24 billion) deal, the club said Saturday.While £2.5 billion ($3.08 billion) will be applied to purchase the shares in the team, an additional £1.75 billion ($2.15 billion) will be committed by the owner to further investment for the benefit of the club, Chelsea said in a statement."This includes investments in Stamford Bridge, the Academy, the Women's Team, and Kingsmeadow, and continued funding for the Chelsea Foundation," it added.The sale is expected to be completed in late May, "subject to all necessary regulatory approvals," according to the club.Boehly owns stakes in the Major League Basketball's Los Angeles Dodgers, the NBA's Los Angeles Lakers, and the WNBA's Los Angeles Sparks.(Footage by Bilal Acar/Anadolu Agency via Getty Images)
LONDON, UK (APRIL 12, 2022) (ARCHIVE) Todd Boehly's group has reached an agreement to purchase English football giant Chelsea in a record £4.25 billion ($5.24 billion) deal, the club said Saturday.While £2.5 billion ($3.08 billion) will be applied to purchase the shares in the team, an additional £1.75 billion ($2.15 billion) will be committed by the owner to further investment for the benefit of the club, Chelsea said in a statement."This includes investments in Stamford Bridge, the Academy, the Women's Team, and Kingsmeadow, and continued funding for the Chelsea Foundation," it added.The sale is expected to be completed in late May, "subject to all necessary regulatory approvals," according to the club.Boehly owns stakes in the Major League Basketball's Los Angeles Dodgers, the NBA's Los Angeles Lakers, and the WNBA's Los Angeles Sparks.(Footage by Bilal Acar/Anadolu Agency via Getty Images)
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Credit:
Anadolu/Footage
Editorial #:
1395907755
Collection:
Anadolu
Date created:
May 07, 2022
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License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:02:42:12
Location:
LONDON, United Kingdom
Mastered to:
MPEG-4 8-bit H.264 HD 1920x1080 50p
Source:
Anadolu Video
Object name:
20220507_3_53407965_76665916