Chelsea owners raising $950 million debt to ‘reshape’ club – FT ...News

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A consortium led by US financier Todd Boehly took over from Roman Abramovich in May Chelsea’s new owners led by US financier Todd Boehly are raising almost $1 billion in debt as they restructure the London club after taking over from Russian billionaire Roman Abramovich, the Financial Times has reported. The consortium led by Boehly and including the Clearlake Capital investment group completed their £4.25 billion ($5.1 billion) deal to buy Chelsea in May. That included £2.5 billion to buy the club and a pledge of a further £1.75 billion investment in its development. Boehly has promised a reported £200 million in

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