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Revealed: The Premier League's biggest wage bills after Chelsea leapfrogged two rivals with their mammoth £400MILLION outlay on salaries after Todd Boehly's mega spending spree
10 months, 3 weeks ago

Revealed: The Premier League's biggest wage bills after Chelsea leapfrogged two rivals with their mammoth £400MILLION outlay on salaries after Todd Boehly's mega spending spree

Daily Mail  

Chelsea's financial challenges have been laid bare after their wage bill soared beyond the £400million mark last season. While City's £422.9m wage bill included many bonuses because they won the Treble, Chelsea spent vast sums on their bloated squad while finishing 12th in the Premier League table. Chelsea's wage bill soared above £400million during the 2022-23 season as their latest …

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Chelsea announce $114.8M losses in first year under owners Boehly and Clearlake Capital
1 year ago

Chelsea announce $114.8M losses in first year under owners Boehly and Clearlake Capital

Hindustan Times  

Chelsea has announced pre-tax losses of 90.1 million pounds in the English Premier League club's first year under U.S. owners Todd Boehly and Clearlake Capital. General view of a Chelsea flag beside the pitch before the match The financial results for the year ending June 30, 2023 represent a reduction on the previous year's losses of 121.4 million pounds. Chelsea's …

Financial Premier League Chelsea Million League Pounds Losses
Chelsea announces USD 114.8M losses in first year under owners Todd Boehly and Clearlake Capital
1 year ago

Chelsea announces USD 114.8M losses in first year under owners Todd Boehly and Clearlake Capital

The Hindu  

Chelsea has announced pre-tax losses of 90.1 million pounds in the English Premier League club’s first year under U.S. owners Todd Boehly and Clearlake Capital. The league said Nottingham Forest also sustained losses “above the permitted thresholds.” Chelsea’s parent company, Blueco 22 Ltd, which also owns French team Racing Club Strasbourg, announced a net loss of 653 million pounds for …

Financial Premier League Chelsea Million League Pounds Losses
MATT HUGHES: Roman Abramovich governed Chelsea by instinct… and Todd Boehly and Behdad Eghbali are learning that numbers can only tell you so much as they weigh up the cost of Mauricio Pochettino's tr
1 year, 1 month ago

MATT HUGHES: Roman Abramovich governed Chelsea by instinct… and Todd Boehly and Behdad Eghbali are learning that numbers can only tell you so much as they weigh up the cost of Mauricio Pochettino's tr

Daily Mail  

The investors and analysts who run and own Chelsea will be crunching the numbers with greater intensity than usual over the coming days and weeks. Chelsea are concerned sacking Mauricio Pochettino may mean they breach spending rules The club's financial situation is a major factor for co-owners Behdad Eghbali and Todd Boehly Your browser does not support iframes. Chelsea's previous …

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How the Golden Globes became too big to fail
1 year, 2 months ago

How the Golden Globes became too big to fail

LA Times  

There are few things Hollywood loves more than an awards-season comeback narrative — think of Ke Huy Quan and Brendan Fraser at last year’s Oscars completing zero-to-hero career resurrections to cheers and tears. I don’t think people at home really care about what happened in the past at this point.” Adds an awards consultant, not authorized to speak on the …

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Chelsea accounts explained: A big loss, sponsor worry and an FFP headache
1 year, 11 months ago

Chelsea accounts explained: A big loss, sponsor worry and an FFP headache

New York Times  

It was a season like no other for Chelsea. The numbers depict a club facing financial challenges given they spent more than £500million in the transfer market subsequent to the “extraordinary expenses and loss of revenue” that came with Abramovich’s downfall. Chelsea will argue that these latest accounts are skewed by those “extraordinary expenses and loss of revenue” that came …

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How not to run a football club: A lesson from Chelsea and Todd Boehly
1 year, 11 months ago

How not to run a football club: A lesson from Chelsea and Todd Boehly

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Boehly got rid of one of the world’s best managers and replaced …

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From Denver Broncos to Chelsea – world’s most expensive sporting takeovers
1 year, 11 months ago

From Denver Broncos to Chelsea – world’s most expensive sporting takeovers

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Denver Broncos NFL side the Denver Broncos were bought by the Walton-Penner …

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Chelsea sale nearly complete after Portugal government ratifies Boehly takeover
2 years, 9 months ago

Chelsea sale nearly complete after Portugal government ratifies Boehly takeover

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Chelsea sale is finally complete barring an …

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Company led by former academy president offers to buy the Golden Globes
2 years, 9 months ago

Company led by former academy president offers to buy the Golden Globes

LA Times  

Pacific Coast Entertainment, a group led by former motion picture academy President Cheryl Boone Isaacs, this week made a multimillion-dollar bid to buy the Golden Globes. Pacific Coast Entertainment would “obtain all rights and privileges associated with the ownership of the Golden Globe Awards Show,” as well as “intellectual property privileges.” The group “ “While we are waiting on formal …

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Chelsea to be sold for $3 billion to consortium led by Todd Boehly
2 years, 10 months ago

Chelsea to be sold for $3 billion to consortium led by Todd Boehly

The Hindu  

Chelsea is being sold to a consortium fronted by American sports investor Todd Boehly, ending 19 years of ownership and lavish investment by Roman Abramovich until the Russian oligarch was sanctioned and forced to offload the Premier League club. The Premier League must approve them as the new ownership and the government has to sign off the new under the …

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Who is Todd Boehly? Dodgers co-owner behind record purchase of Chelsea FC
2 years, 10 months ago

Who is Todd Boehly? Dodgers co-owner behind record purchase of Chelsea FC

LA Times  

Dodgers owners Robert Patton, left, Stan Kasten, Mark Walter, Magic Johnson, Peter Guber and Todd Boehly at Dodger Stadium on May 2, 2012. Boehly was one of the key members of the ownership group that bought the Dodgers from Frank McCourt for $2 billion in 2012. Walter and Boehly each put up $100 million personally to buy the team, while …

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