Chelsea co-owner Boehly in talks about fresh cash investment

Football
5 Oct 2023 • 4:08 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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Chelsea co-owner Todd Boehly is in talks about fresh investment.

Bloomberg says Chelsea and Boehly are exploring a 250 million investment which would involve the Bank of America Corp. working as advisors.

The loan would be independent of the new 400 million investment from U.S. firm Ares Management.

The new agreement would assist the proposed expansion and renovation of Stamford Bridge, something which Boehly agreed to put around 2 billion behind when buying Chelsea with Clearlake Capital last summer.