Premier League

Todd Boehly Hints Chelsea Ownership Could Split Over Stadium Plans

One of Chelsea’s top brass, Todd Boehly has suggested that the consortium group that owns The Blues shares could split up if an agreement regarding the stadium development situation is not reached.

Boehly’s joint ownership and majority shareholder Clearlake Capital took over Chelsea in May 2022 from Roman Abramovich in a deal worth £4.25 billion.

Quoting from ESPN, which quoted a Bloomberg interview, Boehly said that the harmony of the Blues’ shareholder group’s cooperation was determined by the construction and renovation of Stamford Bridge.

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Chelsea themselves had explored the option of building a new stadium in the past before these new owners came to London.

“We have to think long term about what we want to accomplish. We have a great opportunity to rebuild the stadium that we have to make happen,” Boehly said.

“I think that’s where we’re either going to be aligned or not. Ultimately we decided to go down a different path with the renovation and improvement of this stadium.”

However, in the interview, Boehly also said that the club’s current management situation is still in a good state as it is.

“What has been written and what is being said is more ‘drama’ than what is actually being said regarding discussions about building the stadium,” he added.

“I think we’ve learned from each other and I think we’re really going to be able to work this out somehow,” the wealthy American businessman concluded.

Zidane

Title: EPL & footballl News Writer For Footem.in Eduction: Bachelor’s Degree in Journalism/Communications Experience: Five plus years of experience covering the beautiful game’s best leagues and teams in the world, with up-to-date information.

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