Todd Boehly and Chelsea Boardroom Ally Target £140 Million Investment in London Cricket Franchise; Glazers Also Show Interest
Chelsea’s boardroom remains a battleground, with co-owners Todd Boehly and Behdad Eghbali locked in a power struggle. Since acquiring the club from Roman Abramovich two years ago, Boehly initially served as the face of the new ownership, involving himself heavily in both business and sports decisions.
However, his central role has since shifted to Eghbali, whose Clearlake Capital holds a 60% stake in Chelsea. Now, factions aligned with Boehly and Eghbali are reportedly competing for influence, leading some analysts to speculate that a buyout by one side might be the only way forward.
Despite Chelsea’s internal tensions, Boehly’s sports ventures remain strong. His LA Dodgers recently clinched the World Series, and he seems poised for more investments, this time just miles from Chelsea’s base.
Embed from Getty ImagesJonathan Goldstein, a close ally of Boehly, is pursuing a stake in a Hundred cricket franchise, with Boehly reportedly joining the bid for the North London-based team, London Spirit.
At £650 million valuations per team, such an acquisition would be a modest addition to Eldridge Industries’ $147 billion portfolio, though many consider it a savvy business move.
Interest from other high-profile figures, including Manchester United’s Glazer family and India’s Ambani family, further signals its appeal.
Public appearances by Boehly and Eghbali attempt to project professionalism amid Chelsea’s improving on-field performance under manager Enzo Maresca, but the internal tug-of-war continues to cast a shadow over Stamford Bridge’s future.
Todd Boehly and Chelsea Boardroom Ally Target £140 Million Investment in London Cricket Franchise; Glazers Also Show Interest