Billionaire Boehly’s Group Gets Chelsea FC From Abramovich—With U.K. Government Approval
ForbesAUG 2022
Despite the success Roman Abramovich has brought the club, Chelsea has faced an uncertain future and had been playing on borrowed time ever since the Russian invasion of Ukraine. A dicey period has come to an end for the European champs, who can now focus on strengthening the team.
The acquisition by the American-led Boehly consortium highlights the growing popularity of the Premier League in the US. More club owners are now from the US than the UK in the Premier League, and NBCUniversal has taken advantage of the sport's explosion in the US, extending their broadcasting rights for six years.
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