Billionaire reveals reason for buying Chelsea after submitting £2 billion offer
The Blues owner was added to the list of individuals sanctioned by the British Government on Thursday, severely restricting the club’s business as they are forced to operate on a new license until at least May 31.
However, Todd Boehly has opened up and revealed why he is so interested in buying Chelsea from Russian Roman Abramovic, is he can
Ticket sales have been frozen, the club shop is staying closed, Players cannot be signed or sold by Chelsea either, though manager Thomas Tuchel is not thought to be considering his own future, despite reports to the contrary .
Meanwhile, according to the latest reports, Roman Abramovich can still sell his 100 per cent stake in Chelsea, but the destination of any funds accrued from a deal would be at the jurisdiction of the government.
And Quotes from Todd Boehly talking about the Premier League and the American market it can attract have resurfaced today, in a Telegraph piece articulating why he’s so keen to get a shot at buying Chelsea.
The LA Dodgers owner is one of a small group – along with Swiss billionaire Hansjorg Wyss – hoping to buy the club for around £2bn, three years after he offered £2.2bn for the same team and saw his offer rebuffed by Abramovich.
“You have a media market that’s just really developing,” Boehly told Bloomberg in 2019. “One of the great things the Premier League has is that it’s on a Saturday morning in America. So you have an uncongested time slot that is now fully dominated by the Premier League.
“NBC has done an amazing job bringing that content. When I was growing up, Pac-Man, Donkey Kong, but certainly I didn’t know about Man United, I didn’t know about Chelsea, I didn’t know about Tottenham. Kids these days are fully aware of what’s the best and the Premier League is the best. I continue to believe there is global opportunity for the best clubs.”