American billionaire Todd Boehly would be the big favorite to conquer Chelsea according to Sky Sport and the BBC. Co-owner of the Dodgers baseball franchise, he could also quickly start exclusive deals, despite Jim Ratcliffe’s last-minute offer.
It could be him, Roman Abramovich’s successor at the head of the Blues. The leader of a consortium of investors about to enter into exclusive negotiations for the acquisition of Chelsea, Todd Boehly had submitted an offer for 2.5 billion pounds. The 46-year-old American businessman with an estimated £ 3.6 billion fortune is already co-owner of the Dodgers, an American baseball franchise, and the Los Angeles Sparks, an American women’s basketball team and holds a stake. in the famous NBA franchise of the Lakers.
CEO of a multi-investment company
Its consortium includes Swiss billionaire Hansjorg Wyss, the first to publicly announce his desire to buy the London club, American public relations manager Barbara Charone, British businessman Jonathan Goldstein and British journalist Daniel Finkelstein.
Outside of the sports fields, Todd Boehly is co-founder, CEO, president and controlling member of Elridge Industries, a private investment firm headquartered in Greenwich, Connecticut. He has also been acting CEO of the Hollywood Foreign Press Association since October 2021.
Born into a family of German descent, Todd Boehly grew up in the United States and graduated from the Landon School in Bethesda, Maryland in 1991. He was a member of the school’s wrestling team, which won the varsity championship in 1990 and in 1991. The facility has since renamed its facility “Boehly Family Wrestling Room” in honor of the success of its alumni.
The beginnings at Guggenheim Partners
Five years later, the American graduated again, this time in finance, from the London School of Economics. In parallel with his studies, he started working at Citibank, then at Credit Suisse First Boston, to gain some experience in the financial sector. Permanently dropping out of school and odd jobs, Boehly joined Guggenheim Partners in 2001 and started his investment business in the company’s credit. He has climbed the ranks to become president of the company.
He then struck a major deal in 2013 between Time Warner Cable and the famed Los Angeles Dodgers baseball team to create SportsNet LA, a regional network to broadcast all things Dodgers. But his real rise would come in 2015, when the future American tycoon invested in some of the assets he collected at the Guggenheim, including The Hollywood Reporter, Dick Clark Productions and Security Benefit to found his current company, the Eldridge Industries.
Close to owning Washington Spirit in late 2021
He also became the owner of a technology company, invested in real estate, and became involved in the food industry. “I think being diversified really helps us get through business cycles,” said the man whose company has stakes in dozens of companies ranging from insurance to tech to media in 2021. A blend that he believes ensures “stability. “to its funding base.
The billionaire has since wanted to invest in sports in ways as diverse as the rest of his fortune, and after men’s and women’s basketball and baseball, Todd Boehly, who has meanwhile created a business school to his name, is desperate for a work, soccer team. On December 14, 2021, it was also announced that Boehly was leading a group of owners in exclusive negotiations to purchase a majority stake in the MLS Washington Spirit team. But as he was in the process of finalizing the acquisition, the American finally pulled out of negotiations on January 12, 2022, visibly more interested in Chelsea.