When Todd Boehly and Clearlake Capital combined to spend an initial £2.5bn on Chelsea Football Club, everyone involved knew that those funds alone weren't going to cover their investment. The deal to buy the club included a commitment to spending a further £1.75bn on the stadium, academy set up, women's team and more.
As Boehly now continues to spend money on the club in a different way, investing this time in players, currently Kalidou Kouliably and Raheem Sterling for the men's team, the new ownership group are already racking up an initial debt of £800m, over half of Roman Abramovich's own £1.5bn debt which he wavered off when he sold the club.
This debt is being used to restructure the club with not only transfers, but longer-term movements to develop the Stamford Bridge stadium and also create a new business model that has already started with the appointment of Tom Glick as president of business.
