Chelsea news as the club's public-facing co-owner Todd Boehly sees his net worth rise once more despite struggles on the pitch at Stamford Bridge.
Chelsea co-owner Todd Boehly continues to be a name on the lips of many inside the footballing world and it's not for positive reasons. The American businessman has made sweeping changes with the club, who were reigning world and European champions at the time of his joint purchase with Clearlake Capital, but things have gone downhill.
Things only got worse for Boehly as he acted as an interim sporting director in the absence of other bodies at the club. The new owners decided to move on influential recruitment officers, leaving the job to themselves on a temporary basis, and the choices made have massively backfired.
After just seven month of Graham Potter, a man handed the most lucrative contract in league history following a £20million ($24m) payment to Brighton to end his deal there, Boehly and Eghbali, alongside former Brighton chief Paul Winstanley, took the decision to sack Potter as well.
Chelsea were purchased for over £2.5billion ($3.1bn) in May 2022 with a promise to invest more than £2billion ($2.5bn) into the club over a ten-year period to continue its expansion into the global market. The owners, Boehly included, have already spent over £1billion ($1.2bn) on new players alone in order to revamp the squad under current manager, Mauricio Pochettino.
Boehly goes from strength-to-strength in his business life though. At the start of July the 49-year-old had an estimated net worth of £5.18billion ($6.54bn) according to Bloomberg Billionaires Index. That was a huge rise from £4.2billion ($5.3bn) the year before and continues a large and consistent growth for Boehly.
Despite the football world seeing Boehly in a negative light for his brash spending and stategic decisions at SW6, his net worth has jumped once more following the transfer window. Bloomberg now value him at £5.20billion ($6.57bn), a hike of around another £20million ($24m).
Chelsea fans will now be hoping that the owner can turn this success into better results on the pitch or pressure may start to build on Boehly and Co already.
Sucakrsu
1
I think the idea of investing in young talents, Boehly business with get better and better in the future!
Zakclmpuz
3
There is a group of m*therf*ckers calling itself Chelsea name/land owners BLA BLA BLA something who are stopping Boehly from constructing a much bigger and better Olympic size stadium in London! Can someone hammer into their selfish brains that Chelsea FC is an international club with massive following throughout the universe and not some village club from Fulham road!
Peadikmstz
0
The man is using his money to improve the team, and you guys are making it look as if he's the problem for the Club's decline.
Kenn2210
0
I don’t think Todd Boehly knows a lot about football business. He is interested in the football but he lacks the strategic of it is a business. That’s why his using interest in signing players but not looking at what they can offer.
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You better love the rich man so that you can also make it in life because I don’t understand what you mean by his Just baying players and not looking at what they can offer my question is his this the first time Chelsea or other team will buy players and they will not perform??? This happens in football what about the ones x owner bought is there not flop among them is Chelsea player only the flop player will have in football?? Why can’t you ask yourself this question before you talk. Yes those players are not performing now but those that means they will never get back to form again?? These are young players and they need time the only mistakes I saw in all this transfer was too much of defensive players we should have go for Maddison or other playmakers that will play well again I still don’t blame them much because they got nkunku and have chuku for his backup so is all good. The coach also need to change his formation to more attacking ways not those 5to 8 defensive players in a match their is no how those attacking players can play well imagine we only have two forwards on the pitch how can they score ? If we have modu,jack,sterling,nkun, partner with just two defensive midfielders and 4 defenders we are good togo
VIKINGSB
5
The Ritualists which some clubs are praying to have as their owners. Your smiles 😁 make the haters sad 😢, so smile if you're a Chelsea fan. Better days ahead!.
jetbcdeknt
1
Buying players and his money keep on rising, this is the kind of ritual i want to do now
Abdull2446
0
I don’t think Todd Boehly knows a lot about football business. He is interested in the football but he lacks the strategic of it is a business. That’s why his using interest in signing players but not looking at what they can offer.
Sezlmnosz
0
Todd Boehly should have on the rating board.. I rate him 99
Vuyabkmnps
0
He doesn't Care if Chelsea gets destroyed as long as his stocks get rising
noklmprtuz
2
Big thanks to you for the support dad Boehly
kipaemrs
1
Papa Boehly
zonckprstu
1
😂