Chelsea announce sale – Most expensive takeover in sports history complete

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5 billion price tag 

This article was published on May 25 and has been updated with new information. 

The British government has approved Chelsea’s takeover by a consortium led by the American businessman Todd Boehly. The total package of the club’s takeover, coached by manager Thomas Tuchel will be in the region of £4.25 billion (€5 billion). The sales price of the club is £2.5 billion and the new investors are committed to investing at least £1.75 billion in the club. Furthermore, the government stressed that Roman Abramovich would not receive the money. Instead, the funds will be used to support the victims of Russia’s invasion of Ukraine.

According to the New York Times, the Chelsea takeover is the most expensive takeover in sports history, making Chelsea the most expensive sports organization in the world. Boehly’s takeover has previously been approved by the Premier League—according to The Times, Portugal’s government also has to approve the deal as Abramovich holds the country’s citizenship since 2021.

“We are honored to become the new custodians of Chelsea Football Club,” said Boehly in a club statement. “We’re all in—100%—every minute of every match. Our vision as owners is clear: we want to make the fans proud. Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the Club for the long term and build on Chelsea’s remarkable history of success. I personally want to thank ministers and officials in the British government, and the Premier League, for all their work in making this happen.”

New Chelsea owners want to give Tuchel €235 million for new signings 

“Late last night, the UK government reached a position where we could issue a license that permits the sale of Chelsea,” a government spokesperson said in a statement on Wednesday. “Following extensive work, we are now satisfied that the full proceeds of the sale will not benefit Roman Abramovich or any other sanctioned individual. We will now begin the process of ensuring the proceeds of the sale are used for humanitarian causes in Ukraine, supporting victims of the war.”

Boehly, Bin Salman, Kroenke & Co. – The owners of the 20 Premier League clubs

Chelsea – Todd Boehly (USA), Mark Walter (USA), Hansjörg Wyss (Switzerland)

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Takeover: 2022


Info: The pictures show the majority owners of the club, who not always own 100% of the shares.

Newcastle – Mohammed Bin Salman* (Saudi-Arabia)

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*as head of the Public Investment Fund

Takeover: 2021

Arsenal – Stan Kroenke (USA)

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Takeover: 2008

Aston Villa – Wes Edens (USA) & Nassef Sawiris (Egypt)

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Takeover: 2018

Brentford – Matthew Benham (England)

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Takeover: 2011

Burnley – Alan Pace (USA)

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Takeover: 2020

Brighton – Tony Bloom (England)

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Takeover: 2011

Crystal Palace – Steve Parish (England)

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Takeover: 2011

Everton – Farhad Moshiri (Iran)

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Takeover: 2016

Leeds – Andrea Radrizzani (Italy)

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Takeover: 2017

Leicester – Aiyawatt Srivaddhanaprabha (Thailand)

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Takeover: 2019

Liverpool – John Henry (USA)

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Takeover: 2010

Manchester City – Mansour Al-Nahyan (VAE)

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Takeover: 2008

Manchester United – Joel Glazer* (USA)

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*and family

Takeover: 2003

Norwich – Delia Smith & Michael Wynn Jones (England)

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Takeover: 1998

Southampton – Jisheng Gao (China)

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Takeover: 2017

Southampton – Dragan Solak (Serbia)

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Takeover: In 2022, Dragan Solak bought 80% of the club’s shares from Jisheng Gao (left) for £100 million. Katharina Liebherr (right) continues to hold 20% of the shares.

Tottenham – Daniel Levy (England)

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Takeover: 2000

Watford – Gino Pozzo (Italy)

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Takeover: 2012

West Ham – David Sullivan (Wales) & David Gold (England)

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Takeover: 2010

Wolverhampton – Guo Guangchang (China)

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Takeover: 2016

Both The Times and the Telegraph reported that the new owners want to provide Tuchel with €235 million in transfer funds. The money is supposed to be used to close the gap to Liverpool and Manchester City, who finished the season 18 and 19 points ahead of the third-placed London-based club. Tuchel will have to invest in his defense where the club will lose Antonio Rüdiger and Andreas Christensen. Furthermore, Marcos Alonso could also opt to leave the club. Tuchel said last weekend that there would be no time for holidays at the end of the season. Chelsea were not allowed to negotiate transfers while the club was on sale. 

The consortium consists of the American Boehly, who is also the owner of the LA Dodgers, the Swiss billionaire Hansjörg Wyss, and the US businessman Mark Walter. The most significant share of the club is held by the US investment company Clearlake Capital.

Lukaku at the top: Chelsea FC record signings

15. Didier Drogba | 2004/05 from Marseille

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Fee: €38.5m

14. Michy Batshuayi | 2016/17 from Marseille

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Fee: €39m

12. Tiemoué Bakayoko | 2017/18 from Monaco

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Fee: €40m

12. Hakim Ziyech | 2020/21 from Ajax

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Fee: €40m

11. Andriy Shevchenko | 2006/07 von Milan

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Fee: €43.9m

10. Mateo Kovacic | 2019/20 from Real

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Fee: €45m

9. Ben Chilwell | 2020/21 from Leicester

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Fee: €50.2m

8. Timo Werner | 2020/21 from RB Leipzig

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Fee: €53m

7. Jorginho | 2018/19 from Napoli

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Fee: €57m

6. Fernando Torres | 2010/11 from Liverpool

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Fee: €58.5m

5. Christian Pulisic | 2018/19 from BVB

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Fee: €64m

4. Àlvaro Morata | 2017/18 from Real

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Fee: €66m

2. Kepa | 2018/19 from Athletic Bilbao

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Fee: €80m

2. Kai Havertz | 2020/21 from Leverkusen

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Fee: €80m

1. Romelu Lukaku | 2021/22 from Inter

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Fee: €115m


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