Premier League rich list - where Newcastle United owners rank. (Photo by Stu Forster/Getty Images)
Premier League rich list - where Newcastle United owners rank. (Photo by Stu Forster/Getty Images)
Premier League rich list - where Newcastle United owners rank. (Photo by Stu Forster/Getty Images)

New Chelsea owners’ huge wealth - compared to Newcastle United, Aston Villa, Liverpool and Arsenal

Chelsea’s new owners’ reported wealth - compared to Newcastle United and the rest of the Premier League.

For the first time in 19 years, Chelsea are under new ownership after Roman Abramovich sold the West London club to the Todd Boehly-led consortium.

During Abramovich’s reign, the Blues lifted 21 trophies, including five Premier League titles and two Champions Leagues.

The Russian billionaire put Chelsea up for sale in March after the UK government froze his assets due to his close links with Russian president Vladimir Putin in light of the war in Ukraine.

A number of consortiums entered the running to purchase the Blues with American billionaire Boehly, who is also co-owner of baseball team LA Dodgers, winning the race in a £4.25billion deal.

The takeover was approved last week when the government received legal guarantees that Abramovich would not benefit from the sale.

Instead, the proceeds will be frozen in a UK bank account until the government has received further assurances that the money will solely go to support humanitarian causes in Ukraine.

Chelsea confirmed Boehly’s arrival on Monday. A club statement read: “The consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced completion of the ownership transfer of Chelsea Football Club (“Chelsea FC” or “the Club”). The consortium also includes Hansjörg Wyss, founder of the Wyss Foundation, and Mark Walter, co-founder and CEO of Guggenheim Capital. Walter and Boehly are owners of the Los Angeles Dodgers, the Los Angeles Lakers, and the Los Angeles Sparks. The transaction has received all necessary approvals from The Government of the United Kingdom, The Premier League, and other authorities.

“Under the terms of the agreement, Boehly and Clearlake will share joint control and equal governance of the Club. Boehly will serve as Chairman of the holding company.

“Boehly and Clearlake are committed to investing in key areas that will extend and enhance Chelsea’s competitiveness, including the redevelopment of Stamford Bridge, further investment in the Academy, the Women’s Team, and Kingsmeadow stadium. The owners will also continue the important work of the Chelsea Foundation.”

How will Boehly & Co’s rumoured wealth impact the Premier League owners’ rich list, along with Fulham, AFC Bournemouth and Fulham’s promotions? NewcastleWorld takes a look.

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