US tycoon Todd Boehly will have to reassure fans about his finances ahead of a potential Chelsea takeover.
There are genuine concerns among Chelsea supporters about whether an American owner would be prepared to bankroll the club and keep them among Europe’s elite. They have also seen the Glazer family use a leveraged buyout at Manchester United as well as take money out of the club because US owners often build self sustaining models rather than use their own wealth.
Boehly, who is part owner of the LA Dodgers, has teamed up with Swiss billionaire Hansjorg Wyss and Jonathan Goldstein and have backing in their bid from California-based investment firm Clearlake Capital. But they are also reported to have sought advice from Goldman Sachs, the powerful Wall Street investment bank, in their bid to push through a quick sale.
