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Football London
Football London
Sport
Louie Chandler

Marina Granovskaia to suffer £50m blow after Todd Boehly makes significant Chelsea decision

A new era has dawned at Chelsea with the club confirming their new board of directors on Wednesday morning. They also confirmed the departures of Marina Granovskaia and Bruce Buck.

The duo have been fixtures at Stamford Bridge for years with Granovskaia, in particular, having a huge influence on transfer dealings as director of football. A close ally of Roman Abramovich, she has overseen transfer and contract negotiations at the club but will step down at the end of the summer window.

Buck's time has come to an immediate end, however, with co-owner Todd Boehly taking his place as chairman of the board. Joining him on the board are a number of people familiar from the takeover process including Hansjorg Wyss, Jonathan Goldstein and the co-founders of Clearlake Capital.

READ MORE: Latest Raheem Sterling decision shows how Chelsea move would differ from Man City transfer

"As custodians of Chelsea FC, we now begin executing our long-term vision and plan for the Club, creating an outstanding experience for its passionate, loyal fans, and continuing to challenge for top honours in line with Chelsea FC’s decorated history," Boehly said in a statement on the club's official website. "Working together, side-by-side, we are firmly committed to winning, both on and off the pitch. For us, that effort has begun."

As a result of Granovskaia and Buck's departures, the pair will miss out on a huge chunk of cash according to a report from MailOnline. The duo were set to receive £50 million for their work on the sale but it is a fee they would only receive in full if they carried on in their roles under the new regime.

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