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Todd Boehly-Led Consortium Completes $5.4B Deal For English Soccer Club Chelsea
A consortium led by dick clark productions and Los Angeles Dodgers backer Todd Boehly and Clearlake Capital Group has completed a deal to acquire English soccer club Chelsea for a reported £4.25B ($5.3B).
Boehly, Chairman and CEO of DCP and MCR owner Eldridge Industries, will become Chairman of Chelsea FC, which…
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France’s Ministry Of Finance Clarifies Position On Movies Funded By Sanctioned Russian Oligarchs After Roman Abramovich-Backed Pic Debuts In Cannes
EXCLUSIVE: As Roman Abramovich-backed Tchaikovsky’s Wife unspools this week at the Cannes Film Festival, the French Ministry of Economy and Finance has clarified its position regarding movies backed by sanctioned oligarchs.
While the ministry said it couldn’t discuss specific cases or investigations, a spokesperson…
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‘Tchaikovsky’s Wife’ Director Defends Pic’s Oligarch Financier Roman Abramovich: “We Need To Lift The Sanctions” – Cannes
Tchaikovsky’s Wife filmmaker Kirill Serebrennikov, a Russian dissident, was grilled, by the global press at Cannes over the pic being bankrolled by oligarch financing in particular Roman Abramovich, as well as the notion of the world’s boycott against all things Russia.
Abramovich recently said he was donating monies f…
Chelsea Soccer Club Bought By Todd Boehly-Led Group For $5 Billion, Ending Abramovich Connection
The future of Chelsea Soccer Club looks assured, with the London Club announcing its new owners today.
Following the freezing of the assets of former owner, Russian oligarch Roman Abramovich, on his country’s invasion of Ukraine, the Club has been sold to a consortium led by Todd Boehly in a deal worth £4.25billion…
UK Gov Sanctions Russian Billionaire Roman Abramovich; Soccer Club Chelsea Seized
Roman Abramovich has become the latest Russian oligarch to be sanctioned as part of the British government's response to Vladimir Putin's invasion of Ukraine.
The list of sanctions sees assets seized including Chelsea soccer club, which Abramovich had been trying to unload since the beginning of the conflict. The…
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By Tom Grater
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Chelsea FC’s Russian Owner Roman Abramovich Confirms He Is Selling Club, Says He’ll Give Proceeds To Ukraine
Roman Abramovich, the Russian owner of England’s Chelsea FC, one of soccer’s biggest clubs, said Wednesday that he is selling the franchise, with the proceeds to go to a foundation that will benefit war victims in Ukraine.
“I have always taken decisions with the Club's best interest at heart,” he said in a statement.…
Chelsea Owner Roman Abramovich “Trying To Help” Broker Peace In Ukraine
Billionaire soccer club owner Roman Abramovich is reportedly assisting with peace efforts in Ukraine.
According to the Jerusalem Post, Abramovich has been contacted by Ukrainian authorities and in response he has flown to Belarus where peace talks are taking place.
"I can confirm that Roman Abramovich was contacted by…
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By Tom Grater
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Russian Billionaire Roman Abramovich Relinquishes Control Of Chelsea Football Club Amid Ukraine Invasion
UPDATED: Chelsea F.C. has new stewards for the time being.
In a move that is undoubtedly related to the recent invasion of Ukraine, Russian oligarch Roman Abramovich has given up the supervision of Chelsea F.C., a club he has owned for 20 years, to the charitable foundation of Chelsea.
Pressure has been mounting…
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By Brandon Choe
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