Chelsea are set for a £400million cash injection through an investment deal with US firm Ares Management.
Ares, who had talks with Manchester United during their ongoing takeover saga, are instead poised to boost Chelsea’s finances.
The west London club’s owners, Todd Boehly and Clearlake Capital, are seeking funds to develop the club, including their stadium expansion plans and increasing their multi-club model. Both Chelsea and asset managers Ares refused to comment on the situation.
Boehly and Clearlake bought the club 16 months ago for £2.5bn with an extra £1.75bn committed to invest in the club on and off the pitch.
They have spent more than £1bn on transfers since then, with the purchase of French top-flight club Strasbourg for £65m another standout investment.
Chelsea are looking to add further clubs to their network.
Portugal is one of the next countries they are looking at and 19-time champions Sporting Lisbon are in their sights.
Ares, meanwhile, had raised about £3bn to pump into sport plus media and entertainment firms, with a significant chunk of that now earmarked for Chelsea.
The club remain in discussion over whether to redevelop their current 40,000-capacity Stamford Bridge home or relocate, though both options come with obstacles.
For example, non-profit organisation Chelsea Pitch Owners own the Stamford Bridge freehold and could block any potential move.
Chelsea are a step closer to finding out if they have succeeded in their bid to buy the neighbouring 1.2 acre site, which is currently home to the Sir Oswald Stoll Mansions.
Purchasing that land would give them a bigger footprint to work with should they choose to rebuild or redevelop on the existing site.
Seeing off competition from 13 other bidders, Chelsea agreed a deal in principle with veterans’ charity Stoll to buy the land next to Stamford Bridge and the consultation period with residents ends today.
Stoll will review the feedback before their board make a final decision this autumn on whether to proceed with the sale to Chelsea.
nebbiklorz
0
I said it before and I’ll say it again for the trillion times.. Potch is gonna sink u !
nebbiklorz
0
u haters will cry ur eyes out when we sign toney in January followed by oshimhen in summer
Bro lucky if they don’t sign you ?? Bloody their buying everyone under the ☀️.. And still cant have a win comfortably 😔
TheO2man
0
After God, the next should be Money.
Infact, some people will even put money first before God
Laurencepaid
0
When will Chelsea learn that money is not everything?
After God, the next should be Money.
Fvar4ever
0
nah they changed the rules last years, no more real consequences for foreign investment, they are able to spend this much because the previous owner included a clause that 1.75billion must be spent on the club from the selling fee
Ok. I don’t know that. Thank you
Sayo_bsp
1
Una no Dey tire???😞😞 the ones we bought are donkeys💀…
moswanted
2
I am surprised that even Chelsea fans are saying rubbish
Swaelee666
0
Please share this money among fans rather than waste on useless players
Webcmopuy
0
Boehly thinks 400m is for 4 u-21 players
FuckEverything
0
I will advise you to go back to school to learn how to read and understand
Whats this random ass insult 😂
wukblmn
0
u haters will cry ur eyes out when we sign toney in January followed by oshimhen in summer
wadadios
1
Chelsea is going no where no matter what,this season if we don't finish 15th then it's 20th the coach is making a formation poor for his players and the team .The next game is verses unii the eupa expert you see on Sunday
Pebklnrsy
4
whatever decision Boehly takes I respect and follow it. If My father or I were more clever than him they would have owned Chelsea before him
Tupbeior
0
shut up. tebas is a good leader who doesn't want curruptions in Laliga clubs but because Barca are full of curruptions frauds can cope with the rules and regulations and are now cried baby
vuzadnrtyz
1
Chelsea need prayers and fasting ooo for things to go well
Monckmnouy
2
Chelesa stop it
TheO2man
0
When will Chelsea learn that money is not everything?
Echee27
1
Todd Boehly has good intentions for Chelsea. His only weakness is his transfer policy of buying young average players with long contracts. People may also see it as an investment but what if these kids refuse or were unable to perform, it may turn out to be a bad business. Examples are Odoi and Pulisic.
You’re right, but he’s taking the risk because what if those players turn out to be good players for Chelsea. That’s what we called business strategies, sometimes your risk may pay you better and sometimes it may fail you. Let Chelsea hope in next 2 season things will turn out better. Look Arsenal today, do you still remember how many years it took them to come back to their best today
Echee27
0
Chelsea don't know who to sign lol
I will advise you to go back to school to learn how to read and understand
Kicelnpstu
1
Big sponsorship for a midtable team fighting with burnley and luton to avoid relegation
get yourself a basket and cry into eternity😉😜😜, class is permanent
keciknpyz
7
Guyz on a more serious note, u guys should have a 2nd look at things, it took Man City nd Pep, about 4 years b4 dey ar now de Man City we ar seeing today, Look at de bright side, de FUTURE...., dats wat de Project is all about, we have good players dat, by de nxt 2, 3 years to come, wen dey have played with each other so well nd known much abt themselves nd understood de PL well is going to take de place Man City is now nd will even be better dan dem,
LosMendo
0
How in the world is this team not under FFP sanctions. They spent half a billion dollars in one transfer window . $400 million in the previous window. And now $400 million more 🤦🏻 Is the EPL not included to FFP rules!
nah they changed the rules last years, no more real consequences for foreign investment, they are able to spend this much because the previous owner included a clause that 1.75billion must be spent on the club from the selling fee
Zibcdnptyz
1
Imagine if they were in la liga. Tebas the Madrid dog would be livid
Fvar4ever
0
How in the world is this team not under FFP sanctions. They spent half a billion dollars in one transfer window . $400 million in the previous window. And now $400 million more 🤦🏻 Is the EPL not included to FFP rules!
Vinklpsz
0
Big sponsorship for a midtable team fighting with burnley and luton to avoid relegation
FuckEverything
0
Chelsea don't know who to sign lol
JerrylWwy
1
They r planning to buy another 20 players it seems. A good strategy
markrodney
2
Chelsea should have registered Strasburg to play EPL and save over £900,000,000 JUST SAYING!
LeoM17
4
How to sign players in September
The-Professor
0
@Strangerthings you've been missing
woeikltu
0
Todd Boehly has good intentions for Chelsea. His only weakness is his transfer policy of buying young average players with long contracts. People may also see it as an investment but what if these kids refuse or were unable to perform, it may turn out to be a bad business. Examples are Odoi and Pulisic.
He didn't buy Pulisic. Odoi was academy product. Abramovich bought Pulisic. Make findings before typing
dennisachafu
2
Todd Boehly has good intentions for Chelsea. His only weakness is his transfer policy of buying young average players with long contracts. People may also see it as an investment but what if these kids refuse or were unable to perform, it may turn out to be a bad business. Examples are Odoi and Pulisic.