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BlueCo buy Chelsea FC

Featured Replies

46 minutes ago, dkw said:

Oh well, thats me convinced then....How can I argue against such huge proof....

Its fairly well known, do some research on her background, Might make more sense then!

18 hours ago, venom2011 said:

Not really, as the commenter above alluded to, they plan and execute all major club decisions. The owner is simply the one who ratifies it. It's quite rare to have a very hands-on owner these days - although Daniel Levy is pretty much one of those. 

 

Ahh in American sports you kind of have both but I think most of the owners are hands on.

 

For example the owner of my favorite American football team the Indianapolis Colts.  Goes to the office daily, he is in a luxury suite for every home and away game, he's in the locker room after every game, he's in the war room during the NFL draft and he talks to every player the Colts draft after the GM and head coach.  Now he lets the GM do his job and the coach do his job but he's always there overseeing everything.  

 

I mean what's the fun of owning a sports team if you arn't directly involved?  

Edited by Valpo

1 hour ago, Kantesmini said:

Its fairly well known, do some research on her background, Might make more sense then!

Burden of proof is entirely on you.

4 minutes ago, Valpo said:

 

Ahh in American sports you kind of have both but I think most of the owners are hands on.

 

For example the owner of my favorite American football team the Indianapolis Colts.  Goes to the office daily, he is in a luxury suite for every home and away game, he's in the locker room after every game, he's in the war room during the NFL draft and he talks to every player the Colts draft after the GM and head coach.

 

I mean what's the fun of owning a sports team if you arn't directly involved?  

I know what you mean

In America, they have their own front offices where owners can appoint people to the positions in running their sports teams like team of president, team of sport operations, general managers, senior advisors and consultants. Some teams don't have GMs like the Philadelphia Phillies

I may be wrong but I think they call it key personnel in the PL 

Boehly's group Guggenheim appointed Andrew Friedman who is labeled one of the baseball geniuses to the President of Baseball Operations position for the Dodgers immediately after they bought the team. I wonder if Boehly will do the same thing with this club by finding a sporting director

25 minutes ago, dkw said:

Burden of proof is entirely on you.

I think you know with the way youre responding hahaa.

She is fully romans pawn taken from sibneft, I wont go much further as ill get jfk'd

oh wait no evidence for that either!

1 hour ago, Kantesmini said:

I think you know with the way youre responding hahaa.

 

What are you waffling on about, either back up your bullsh*t or shut up.

1 hour ago, dkw said:

What are you waffling on about, either back up your bullsh*t or shut up.

What will satisfy you? Some articles from msm? you'll call bs

No evidence linking roman to being a war mongering secret putin agent either but no one cared about that did they!!

And no I wont shut up wtf lol

9 hours ago, Valpo said:

 

Ahh in American sports you kind of have both but I think most of the owners are hands on.

 

For example the owner of my favorite American football team the Indianapolis Colts.  Goes to the office daily, he is in a luxury suite for every home and away game, he's in the locker room after every game, he's in the war room during the NFL draft and he talks to every player the Colts draft after the GM and head coach.  Now he lets the GM do his job and the coach do his job but he's always there overseeing everything.  

 

I mean what's the fun of owning a sports team if you arn't directly involved?  

Ah I see, yeah it's quite different then. I guess there's still fun to be had in you having some ability to shape a team's destiny without doing the daily grind. As I said, Daniel Levy is one of the closest you'll get to a hands-on owner but still nothing like what you mention with the Colts.

If you take a club like Liverpool, which is quite possibly the best run club (of top tier clubs) in the world at the moment, there is almost complete delegation of duty in every facet of the business -  a submission to people who are far more qualified in their area of expertise. Which makes sense as well on the highest of levels. If you're the owner of a smaller club in a lower division, like Gary Neville at Salford, then sure. 

I must say though that I'm quite amped to see Boehly be a more involved personality at club. 

8 hours ago, BKLYNProdigy said:

 

Boehly's group Guggenheim appointed Andrew Friedman who is labeled one of the baseball geniuses to the President of Baseball Operations position for the Dodgers immediately after they bought the team. I wonder if Boehly will do the same thing with this club by finding a sporting director

We essentially have that role covered but it's split between the three of Cech, Marina and Tuchel. It seems to be working well and there are obvious benefits over having a single decision-maker. If you look at Pep and Tuchel - these two are pretty much mad geniuses who live and breathe football, and their philosophies. There is no sporting director in world football capable of doing what they do. So all you really need is people around them supporting and helping to implement their vision. 

Meet the Boehlys — the new first family of football

After a tumultuous time for the club, Todd Boehly is set to take over at Chelsea. So who is the US sports mogul and will Stamford Bridge ever be the same? By James Robson

At first glance, Todd Boehly does not look like a billionaire. So, it is understandable that the American businessman, philanthropist and — as of this week — new owner of Chelsea FC went unnoticed by some of the fans he sat among in the lower west stand of Stamford Bridge three weeks ago. 

On his visits to London over the past three months, the 46-year-old father-of-three has wandered around virtually anonymously, dressed in baggy hoodies, long-sleeved Henley T-shirts, chinos and jeans. A baseball cap has kept his shaggy mop of hair under control and a dad-style anorak has kept out the British springtime chill. The fluorescent laces worn on just one of his sneakers last Friday night when he signed terms on a £4.25 billion deal to buy Chelsea might have been the only reason for the average passer-by to look twice at the man whose star-studded portfolio ranges from the LA Dodgers baseball team, the LA Lakers basketball team and Bruce Springsteen’s song collection. 

Few might have had any idea of the spectacular wealth which has put Boehly within government and Premier League approval of buying out Roman Abramovich in the biggest acquisition in the history of football. But looks can be deceiving. Valued by Forbes as having a personal fortune of £3.66 billion, the former Citibank exec is known as a self-made finance guy who made much of his money as the co-founder and head of Eldridge Industries, a private investment firm based in Connecticut. 

He is said to be very focused, with an “intellectual” interest in football. But he has on-the-ground experience, too. Chelsea is far from Boehly’s first sporting business.

Insiders say Boehly’s low-key appearance is typical of how he operates; he is the down-to-earth billionaire who lives in Darien, Connecticut with his wife Katie and their sons Nick, Zach, and Clay. “Grounded” is a phrase commonly used to describe Boehly. On that trip to the Bridge last month, when Boehly made a point of avoiding the executive seats to truly taste the match-going experience, he insisted on walking the perimeter of the stadium to drink it all in. 

Chelsea lost 4-2 that night — and of his three most recent visits, he is yet to see the side win. On Saturday they threw away a two-goal lead against Wolves to draw 2-2, and previously he watched Real Madrid effectively end their defence of the Champions League with a 3-1 win in the first leg of their quarter-final tie. But it was that match that figures close to his bid say convinced them that he would do anything to win the battle for the Bridge. Even in defeat, Boehly was left utterly enthused by the spectacle and the atmosphere. 

Boehly’s bug dates back to that originally Chelsea bid back in 2018. But it was that game that reinforced his determination to see off competition from some of the richest people in the world to land the club. Boehly has made his fortune in knowing how to invest — first with global finance company Guggenheim Partners, and then Eldridge Industries, where he oversees more than £32 billion-worth of investments. Chelsea is his latest bet after partnering with long-time friend, British property developer Jonathan Goldstein. Investment firm Clearlake Capital is providing major funding, while Mark Walter and Hansjorg Wyss also make up the consortium.

But of most interest to Chelsea fans is his part-ownership of the Dodgers — one of the most famous sports teams in America. Under him, the Dodgers have won the World Series and eight-straight National League West titles. He has spent heavily — including the record £227 million, deal for Mookie Betts in 2020, while the wage bill has topped £240 million. He has also used analytics to pick up previously unheralded stars from the sport’s minor leagues, like Max Muncy.

Yet if Boehly is understated in his appearance, his ambitions are anything but. He is convinced he can better Abramovich’s unprecedented success that delivered 19 major trophies in nearly two decades. He plans to make significant investments in the first team — starting immediately when the transfer window opens this summer. He will also redevelop the stadium on a stand-by-stand basis, with Goldstein using his expertise to take a leading role in that.

But it is notable that Boehly, who has seen the rise of women’s football in America, previously tried to buy US women’s team Washington Spirit. He sees Chelsea’s women as a major opportunity for growth. Crucially, he considers Chelsea to be an asset that can still appreciate considerably in value. It is why he was never dissuaded during an arduous bidding process conducted by merchant bank Raine Group. 

It is understood Boehly’s base offer of £2.5 billion was in place from the start, with a further £1.75 billion committed to investing in the club. Boehly, who will be at Saturday’s FA Cup Final between Chelsea and Liverpool, knows his numbers. He is described as intensely analytical and can absorb incredibly complicated information in one take. 

The enormous sums available through broadcast revenues are also a major attraction. He has described the Dodgers’s media rights as an “investment-grade bond”, underlining his cold, hard business approach to sport. But he also has a fundamental understanding of what is required to give him the best chance of a return on his investment — on-field success. Legendary basketballer Earvin “Magic” Johnson is a partner in the Dodgers — and Boehly has credited him with instilling a winning mentality.

At Chelsea, it remains to be seen what involvement former players will have, but he understood a key weakness in his bid from the outset. US owners are looked on with suspicion from fans, given the records of the Glazers and Stan Kroenke at United and Arsenal respectively. The British arm of his consortium, meanwhile, is a well-known Tottenham fan, in Goldstein. Boehly, sources close to him say, wanted to inject his bid with people who “speak Chelsea”.

Tory peer Daniel Finkelstein, and PR executive Barbara Charone — both lifelong Chelsea fans — were named as board members, should he be successful. Despite being so consumed by analytics, he is fascinated by the uncontrollable elements of the game. Boehly’s business is about assessing risks, crunching the numbers to come up with the best returns. In football, he is drawn to the potential of doing “all the right things” yet still ending up on the losing team. In the battle for Chelsea, it was Boehly who proved the ultimate winner.

13 minutes ago, Upsetter said:

Meet the Boehlys — the new first family of football

After a tumultuous time for the club, Todd Boehly is set to take over at Chelsea. So who is the US sports mogul and will Stamford Bridge ever be the same? By James Robson

At first glance, Todd Boehly does not look like a billionaire. So, it is understandable that the American businessman, philanthropist and — as of this week — new owner of Chelsea FC went unnoticed by some of the fans he sat among in the lower west stand of Stamford Bridge three weeks ago. 

On his visits to London over the past three months, the 46-year-old father-of-three has wandered around virtually anonymously, dressed in baggy hoodies, long-sleeved Henley T-shirts, chinos and jeans. A baseball cap has kept his shaggy mop of hair under control and a dad-style anorak has kept out the British springtime chill. The fluorescent laces worn on just one of his sneakers last Friday night when he signed terms on a £4.25 billion deal to buy Chelsea might have been the only reason for the average passer-by to look twice at the man whose star-studded portfolio ranges from the LA Dodgers baseball team, the LA Lakers basketball team and Bruce Springsteen’s song collection. 

Few might have had any idea of the spectacular wealth which has put Boehly within government and Premier League approval of buying out Roman Abramovich in the biggest acquisition in the history of football. But looks can be deceiving. Valued by Forbes as having a personal fortune of £3.66 billion, the former Citibank exec is known as a self-made finance guy who made much of his money as the co-founder and head of Eldridge Industries, a private investment firm based in Connecticut. 

He is said to be very focused, with an “intellectual” interest in football. But he has on-the-ground experience, too. Chelsea is far from Boehly’s first sporting business.

Insiders say Boehly’s low-key appearance is typical of how he operates; he is the down-to-earth billionaire who lives in Darien, Connecticut with his wife Katie and their sons Nick, Zach, and Clay. “Grounded” is a phrase commonly used to describe Boehly. On that trip to the Bridge last month, when Boehly made a point of avoiding the executive seats to truly taste the match-going experience, he insisted on walking the perimeter of the stadium to drink it all in. 

Chelsea lost 4-2 that night — and of his three most recent visits, he is yet to see the side win. On Saturday they threw away a two-goal lead against Wolves to draw 2-2, and previously he watched Real Madrid effectively end their defence of the Champions League with a 3-1 win in the first leg of their quarter-final tie. But it was that match that figures close to his bid say convinced them that he would do anything to win the battle for the Bridge. Even in defeat, Boehly was left utterly enthused by the spectacle and the atmosphere. 

Boehly’s bug dates back to that originally Chelsea bid back in 2018. But it was that game that reinforced his determination to see off competition from some of the richest people in the world to land the club. Boehly has made his fortune in knowing how to invest — first with global finance company Guggenheim Partners, and then Eldridge Industries, where he oversees more than £32 billion-worth of investments. Chelsea is his latest bet after partnering with long-time friend, British property developer Jonathan Goldstein. Investment firm Clearlake Capital is providing major funding, while Mark Walter and Hansjorg Wyss also make up the consortium.

But of most interest to Chelsea fans is his part-ownership of the Dodgers — one of the most famous sports teams in America. Under him, the Dodgers have won the World Series and eight-straight National League West titles. He has spent heavily — including the record £227 million, deal for Mookie Betts in 2020, while the wage bill has topped £240 million. He has also used analytics to pick up previously unheralded stars from the sport’s minor leagues, like Max Muncy.

Yet if Boehly is understated in his appearance, his ambitions are anything but. He is convinced he can better Abramovich’s unprecedented success that delivered 19 major trophies in nearly two decades. He plans to make significant investments in the first team — starting immediately when the transfer window opens this summer. He will also redevelop the stadium on a stand-by-stand basis, with Goldstein using his expertise to take a leading role in that.

But it is notable that Boehly, who has seen the rise of women’s football in America, previously tried to buy US women’s team Washington Spirit. He sees Chelsea’s women as a major opportunity for growth. Crucially, he considers Chelsea to be an asset that can still appreciate considerably in value. It is why he was never dissuaded during an arduous bidding process conducted by merchant bank Raine Group. 

It is understood Boehly’s base offer of £2.5 billion was in place from the start, with a further £1.75 billion committed to investing in the club. Boehly, who will be at Saturday’s FA Cup Final between Chelsea and Liverpool, knows his numbers. He is described as intensely analytical and can absorb incredibly complicated information in one take. 

The enormous sums available through broadcast revenues are also a major attraction. He has described the Dodgers’s media rights as an “investment-grade bond”, underlining his cold, hard business approach to sport. But he also has a fundamental understanding of what is required to give him the best chance of a return on his investment — on-field success. Legendary basketballer Earvin “Magic” Johnson is a partner in the Dodgers — and Boehly has credited him with instilling a winning mentality.

At Chelsea, it remains to be seen what involvement former players will have, but he understood a key weakness in his bid from the outset. US owners are looked on with suspicion from fans, given the records of the Glazers and Stan Kroenke at United and Arsenal respectively. The British arm of his consortium, meanwhile, is a well-known Tottenham fan, in Goldstein. Boehly, sources close to him say, wanted to inject his bid with people who “speak Chelsea”.

Tory peer Daniel Finkelstein, and PR executive Barbara Charone — both lifelong Chelsea fans — were named as board members, should he be successful. Despite being so consumed by analytics, he is fascinated by the uncontrollable elements of the game. Boehly’s business is about assessing risks, crunching the numbers to come up with the best returns. In football, he is drawn to the potential of doing “all the right things” yet still ending up on the losing team. In the battle for Chelsea, it was Boehly who proved the ultimate winner.

Thanks - a good read.

Sounds like Roman is leaving us in the best possible hands !

3 hours ago, Upsetter said:

Meet the Boehlys — the new first family of football

After a tumultuous time for the club, Todd Boehly is set to take over at Chelsea. So who is the US sports mogul and will Stamford Bridge ever be the same? By James Robson

At first glance, Todd Boehly does not look like a billionaire. So, it is understandable that the American businessman, philanthropist and — as of this week — new owner of Chelsea FC went unnoticed by some of the fans he sat among in the lower west stand of Stamford Bridge three weeks ago. 

On his visits to London over the past three months, the 46-year-old father-of-three has wandered around virtually anonymously, dressed in baggy hoodies, long-sleeved Henley T-shirts, chinos and jeans. A baseball cap has kept his shaggy mop of hair under control and a dad-style anorak has kept out the British springtime chill. The fluorescent laces worn on just one of his sneakers last Friday night when he signed terms on a £4.25 billion deal to buy Chelsea might have been the only reason for the average passer-by to look twice at the man whose star-studded portfolio ranges from the LA Dodgers baseball team, the LA Lakers basketball team and Bruce Springsteen’s song collection. 

Few might have had any idea of the spectacular wealth which has put Boehly within government and Premier League approval of buying out Roman Abramovich in the biggest acquisition in the history of football. But looks can be deceiving. Valued by Forbes as having a personal fortune of £3.66 billion, the former Citibank exec is known as a self-made finance guy who made much of his money as the co-founder and head of Eldridge Industries, a private investment firm based in Connecticut. 

He is said to be very focused, with an “intellectual” interest in football. But he has on-the-ground experience, too. Chelsea is far from Boehly’s first sporting business.

Insiders say Boehly’s low-key appearance is typical of how he operates; he is the down-to-earth billionaire who lives in Darien, Connecticut with his wife Katie and their sons Nick, Zach, and Clay. “Grounded” is a phrase commonly used to describe Boehly. On that trip to the Bridge last month, when Boehly made a point of avoiding the executive seats to truly taste the match-going experience, he insisted on walking the perimeter of the stadium to drink it all in. 

Chelsea lost 4-2 that night — and of his three most recent visits, he is yet to see the side win. On Saturday they threw away a two-goal lead against Wolves to draw 2-2, and previously he watched Real Madrid effectively end their defence of the Champions League with a 3-1 win in the first leg of their quarter-final tie. But it was that match that figures close to his bid say convinced them that he would do anything to win the battle for the Bridge. Even in defeat, Boehly was left utterly enthused by the spectacle and the atmosphere. 

Boehly’s bug dates back to that originally Chelsea bid back in 2018. But it was that game that reinforced his determination to see off competition from some of the richest people in the world to land the club. Boehly has made his fortune in knowing how to invest — first with global finance company Guggenheim Partners, and then Eldridge Industries, where he oversees more than £32 billion-worth of investments. Chelsea is his latest bet after partnering with long-time friend, British property developer Jonathan Goldstein. Investment firm Clearlake Capital is providing major funding, while Mark Walter and Hansjorg Wyss also make up the consortium.

But of most interest to Chelsea fans is his part-ownership of the Dodgers — one of the most famous sports teams in America. Under him, the Dodgers have won the World Series and eight-straight National League West titles. He has spent heavily — including the record £227 million, deal for Mookie Betts in 2020, while the wage bill has topped £240 million. He has also used analytics to pick up previously unheralded stars from the sport’s minor leagues, like Max Muncy.

Yet if Boehly is understated in his appearance, his ambitions are anything but. He is convinced he can better Abramovich’s unprecedented success that delivered 19 major trophies in nearly two decades. He plans to make significant investments in the first team — starting immediately when the transfer window opens this summer. He will also redevelop the stadium on a stand-by-stand basis, with Goldstein using his expertise to take a leading role in that.

But it is notable that Boehly, who has seen the rise of women’s football in America, previously tried to buy US women’s team Washington Spirit. He sees Chelsea’s women as a major opportunity for growth. Crucially, he considers Chelsea to be an asset that can still appreciate considerably in value. It is why he was never dissuaded during an arduous bidding process conducted by merchant bank Raine Group. 

It is understood Boehly’s base offer of £2.5 billion was in place from the start, with a further £1.75 billion committed to investing in the club. Boehly, who will be at Saturday’s FA Cup Final between Chelsea and Liverpool, knows his numbers. He is described as intensely analytical and can absorb incredibly complicated information in one take. 

The enormous sums available through broadcast revenues are also a major attraction. He has described the Dodgers’s media rights as an “investment-grade bond”, underlining his cold, hard business approach to sport. But he also has a fundamental understanding of what is required to give him the best chance of a return on his investment — on-field success. Legendary basketballer Earvin “Magic” Johnson is a partner in the Dodgers — and Boehly has credited him with instilling a winning mentality.

At Chelsea, it remains to be seen what involvement former players will have, but he understood a key weakness in his bid from the outset. US owners are looked on with suspicion from fans, given the records of the Glazers and Stan Kroenke at United and Arsenal respectively. The British arm of his consortium, meanwhile, is a well-known Tottenham fan, in Goldstein. Boehly, sources close to him say, wanted to inject his bid with people who “speak Chelsea”.

Tory peer Daniel Finkelstein, and PR executive Barbara Charone — both lifelong Chelsea fans — were named as board members, should he be successful. Despite being so consumed by analytics, he is fascinated by the uncontrollable elements of the game. Boehly’s business is about assessing risks, crunching the numbers to come up with the best returns. In football, he is drawn to the potential of doing “all the right things” yet still ending up on the losing team. In the battle for Chelsea, it was Boehly who proved the ultimate winner.

I'm liking him more and more.  A Springsteen fan, the guys got good tastes.

Well Boehly is a good man, I've never doubted that.

It's just his consortium, with Wyss, Clearlake and Goldstein in it.

Looks like Boehly is good friends with Goldstein, and fully trusts this man to elevate us to the next level with SB...even though he's a diehard Spuds fan.

But I should have been openminded there, Goldstein is not getting involved with the transfer business, the structure of the club etc...he's just leading the development of SB.

And Clearlake/Wyss cannot suck money from the club for at least 10 years so there's that.

If Boehly shows his hand this summer, I will have full confidence going forward with him and thank the LORD we do not have a "Glazer" leading the club.

Edited by Mana

Update below from Ben Jacobs:

Premier League sources tell me Clearlake-Boehly's Owners' & Directors' Test is "on track". The expectation last week was the group would be cleared by Monday at the latest. Vetting of listed directors has been done. The Test requires a review of business plans, too.

Passing O&D Test is seen as a formality, by both the new owners and the Premier League. The government approval will take a little longer since, despite regular dialogue, they only received all the official paperwork last week.

There remains a confidence the sale will be completed before May 31. In a best-case scenario, by May 22 is possible. It's not that important to have it done by last game of the season. But aiming for this date gives a little breathing space before the special license expires.

3 hours ago, Mana said:

Well Boehly is a good man, I've never doubted that.

It's just his consortium, with Wyss, Clearlake and Goldstein in it.

Looks like Boehly is good friends with Goldstein, and fully trusts this man to elevate us to the next level with SB...even though he's a diehard Spuds fan.

But I should have been openminded there, Goldstein is not getting involved with the transfer business, the structure of the club etc...he's just leading the development of SB.

And Clearlake/Wyss cannot suck money from the club for at least 10 years so there's that.

If Boehly shows his hand this summer, I will have full confidence going forward with him and thank the LORD we do not have a "Glazer" leading the club.

If Goldstein can deliver a state of the art stadium like theirs without gtiign involved in the team and making us inherit any of their Spursy traits that'll be fne.

Encouraging to also read about the stadium being done the way everyone thought was best, Stand by stand re build using clever seating to expand, Couldn't ask much more

Good to hear we maybe starting to open the gates re transfers, Could be a sign things are a go

Only negative I see here is it doesn't sound like he will have the funds to constantly drop money on the team to make it better.

However to be fair I suppose very few owners are like that.

 

Curious how he see's Chelsea as an investment though.  Does he think that in 10 years maybe the club will be worth more than it is now?  

 

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