HomeNewsFinance & LawFootballUnited Kingdom

Chelsea’s new owners to finance spending plans with record debt

Stamford Bridge, home of Chelsea (by Shaun Botterill/Getty Images)

The new owners of Chelsea FC are planning to take on record levels of debt to finance their plans following the deal to buy the club from government-sanctioned Russian businessman Roman Abramovich.

New Chelsea chairman Todd Boehly led the Clearlake Capital consortium that acquired the club for £2.5bn ($2.99bn/€2.92bn) in May and committed to invest a further £1.75bn into the playing squad and the redevelopment of Stamford Bridge stadium.

You need to have an account to access our content

Find out more about our news, features and services

Already have an account? Sign in here