Chelsea Sale Complete as Roman Abramovich Says Goodbye
The Chelsea sale is complete. The group led by Todd Boehly and Clearlake Capital will pay about $3.16 billion (£2.5 billion) for the team, and commit to spending another…
Roman Abramovich
Boehly Group to Buy Chelsea F.C. in $5.24 Billion Deal
Todd Boehly’s group has reached an agreement to purchase English soccer giant Chelsea in a record-setting $5.24 billion (£4.25 billion) deal that includes the club…
Chelsea Sale Narrows to Three as Ricketts Group Bows Out
The Chelsea sale is down to three bidders. The group led by the Ricketts family, owners of baseball’s Chicago Cubs, did not submit a final bid for the European soccer…
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Chelsea Sale Narrows as Groups Told They’re Out of Bidding
The Chelsea sale is moving closer to a conclusion. The bankers running the process have begun telling groups that they’re no longer in contention to purchase the English…
Russian Fallout Has West Reclaiming Influence in Sport
Russia’s invasion of Ukraine has had a trickle-down effect on sports. Governing bodies have moved (see: Champions League Final) or canceled (see: Sochi Formula 1 Grand…
UK-Putin Pickleball May Threaten Medvedev’s Wimbledon Eligibility
Efforts to punish Russia for its invasion of Ukraine by stripping Russian citizens of commercial opportunities abroad reached new heights on Tuesday, when British sports…
Arsenal, Tottenham Provide Blueprint for New Chelsea Stadium
The Chelsea F.C. sale process was turned on its head last week when the U.K. government froze the assets of Russian oligarch Roman Abramovich. A special license was…
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Chelsea’s Billion-Dollar Bidding War Back On With Deadline Extension
The Chelsea sale is back on. The U.K. government has told the bankers running the process they can resume selling the European soccer team, according to someone familiar…
The $2 Billion Question Every Potential Chelsea Bidder Is Asking
What to do about Stamford Bridge? The future of the iconic stadium—opened in 1877—is a puzzle that Roman Abramovich has tried to tackle since he bought Chelsea for £140…
Chelsea Frenzy Tests Billion-Dollar Auction Block Against NFL’s Broncos
Russia’s invasion of Ukraine has already spurred major changes for global sport, perhaps none bigger than Russian-born billionaire Roman Abramovich’s decision to sell…
Chelsea Soliciting Bids With Raine Group Help as Abramovich Seeks Sale
Chelsea Football Club is indeed for sale. Embattled billionaire owner Roman Abramovich, who recently stepped away from the club following Russia’s invasion of Ukraine…
Sporticast: Jeter Exits Marlins, Abramovich Steps Back From Chelsea
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including Derek Jeter’s…
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