Twitter LinkedIn
    Sunday, October 1
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Mergers & Acquisitions»Todd Boehly Completes Takeover of UK’s Chelsea Football Club
    Mergers & Acquisitions

    Todd Boehly Completes Takeover of UK’s Chelsea Football Club

    May 31, 2022Updated:May 31, 20221 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    US investor Todd Boehly has completed his $4.25 billion ($5.4 billion) takeover of Chelsea Football Club from the sanctioned Russian oligarch Roman Abramovich.

    These where whittled down to just three, with Boehly beating out competition from rival consortiums led by British businessman Martin Broughton and Bain Capital co-chairman Stephen Pagliuca. There was also a late proposal from British billionaire Jim Ratcliffe.

    Boehly’s winning bid is backed by California-based private equity firm Clearlake Capital. It includes a £2.5 billion purchase of shares and £1.75 billion for further investments to benefit the club. The bid was signed off by the EPL and UK government last week.

    Read more: BNN Bloomberg

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    deals and transactions Mergers and acquisitions PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    UBS Agrees to Buy Credit Suisse for $3 Billion in Historic Deal – Copy

    March 19, 2023

    UBS Agrees to Buy Credit Suisse for $3 Billion in Historic Deal

    March 19, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    Comments are closed.

    Other Articles

    UK-based financial tech firms won sevenfold funding rise last year to $37bn

    February 8, 2022

    Warburg Pincus exits Summit Health-CityMD in $8.9B sale to VillageMD

    November 8, 2022

    Listed software company K3 Business Technology completes near £15m deal with private equity-backed firm

    February 28, 2021

    Blackstone-backed Patria prices IPO above expected range, at $17 per share

    January 22, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?