EPL

BREAKING NEWS: Boehly-led consortium completes Chelsea takeover

By Sports Desk May 30, 2022

A Todd Boehly-led consortium completed their takeover of Chelsea on Monday.

The Premier League club announced on Saturday that the deal was officially set to go through at the start of this week.

Chelsea have now confirmed that they are under new ownership almost three months after Roman Abramovich decided to sell up.

An ownership group led by Los Angeles Dodgers part-owner Boehly, Clearlake Capital, Mark Walter and Hansjorg Wyss brokered a deal to buy the Blues for £4.25billion this month.

The Portuguese government last week approved the sale of the London club, a green light that was required as Abramovich has Portuguese citizenship.

The UK government declared that it was satisfied the deal would not benefit Abramovich, who was sanctioned due to his links to Russia's President Vladimir Putin following the invasion of Ukraine.

Russian oligarch Abramovich owned Chelsea for 19 years.

The 55-year-old stated when he put the Blues up for sale that the full amount that is paid to buy the club would go to a charitable foundation, with the money distributed to victims of the war in Ukraine.

Abramovich declared that the charitable foundation that is being established would be the legacy he and Chelsea had created together.

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    Andrew Stanigar, Managing Director of Spectrum Systems Ltd., expressed his enthusiasm about the partnership, stating, "We invest in sports sponsorships because they allow us to connect with our customer base. Both Andre Blake and Spectrum Systems have a lot in common—quality, reliability, and consistency. It makes sense to align the number one roofing company with Jamaica's number one goalkeeper."

    For Andre Blake, the endorsement deal represents a valuable opportunity to further engage with the local football community. "Sponsorships like this allow me to connect better with Jamaica football fans," Blake commented. "I look forward to what we will be able to achieve together as I aim to inspire and connect footballers across the island while also championing Spectrum's advertising campaigns. It's a win for everyone."

    With this new deal, Blake continues to expand his influence both on and off the pitch, leveraging his prominence to promote and support local sports. The two-year agreement promises to be beneficial for both Blake and Spectrum Systems, strengthening their ties to the Jamaican football community and beyond.

     

     

     

  • Ten Hag backs Rashford to use England omission as 'fuel' in FA Cup final Ten Hag backs Rashford to use England omission as 'fuel' in FA Cup final

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