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The Haven

Page 56554 of 61294

comment by RtM (U1097)

posted on 11/3/22

comment by g7 (U12473)
posted 3 minutes ago
https://www.telegraph.co.uk/football/2022/03/11/todd-boehly-takeover-would-keep-chelsea-hunt-footballs-biggest/
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Don’t have a sub. Can someone post the articles meat?

comment by g7 (U12473)

posted on 11/3/22

Todd Boehly has been here before, 10 years ago in fact, when he and a group of investors were bidding against a certain Stan Kroenke to buy the LA Dodgers baseball franchise.

Kroenke thought he had made a winning offer of £900million, which was over £200m more than the previous record sum paid for an American sports team at the time.

But Boehly’s group, which included LA Lakers basketball legend Magic Johnson, blew Kroenke out of the water with a £1.3bn offer that was twice the figure the Miami Dolphins had sold for three years earlier and was the most anybody had paid for a sports franchise.

Now the Boehly-led group bidding to buy Chelsea could again break the record, which has since been set by the £1.76bn sale of Carolina Panthers in 2018, if he can see off competition from the Ricketts family and Woody Johnson, who owns the New York Jets.

Boehly has offered between £2bn and £2.5bn for Chelsea, and, along with the Ricketts family and Johnson, is now waiting to hear back from Raine, the merchant bank put in charge of the sale of the Stamford Bridge club.

It was the Ricketts family who had spent the most on a baseball franchise before Boehly came along, having bought the Chicago Cubs for £520m in 2009. Their credibility as potential owners of Chelsea is boosted by the successful renovation of Wrigley Field, which cost $1bn, given the need to redevelop Stamford Bridge.

But if Chelsea fans want a new owner who shares Roman Abramovich’s determination to win, then Boehly’s track record would suggest he is probably the best they can hope for.

Rather than sitting back Kroenke-style and waiting for the money to roll in after beating the Arsenal owner to punch on the Dodgers, Boehly signalled his intent to transform the team by, in one weekend, committing £123million to buy two pitchers. Asked what a successful ownership would look like, he scoffed back: “You’re not really asking me that, are you? The more World Series we win, the more valuable a franchise it is, right?”

There were successive World Series appearances in 2017 and 2018 and eight back-to-back Western division titles, before Boehly and the Dodgers got their hands on the big one in 2020. It was the club’s first World Series success since 1988 and Boehly was right, the franchise has become more valuable as, according to Forbes, it is now worth £2.5bn. In baseball, only the New York Yankees are worth more.

This is not the first time Boehly has tried to buy Chelsea after he had a bid of £2.2bn rejected in 2019, following Abramovich’s decision to withdraw his application for a UK visa.

At the time, a source close to the American, who studied at the London School of Economics, told Telegraph Sport: “If Todd manages to buy Chelsea, or any other Premier League football club, then he will do it to win. Look at what he has done with the Dodgers. This would be no type of Kroenke ownership, he would want to be fighting with Manchester City and Liverpool, and Barcelona and Real Madrid in Europe.”

Boehly’s involvement in sports ownership extends past the Dodgers and Chelsea supporters concerned about any threat to the continued investment into the club’s all-conquering women’s team from a takeover may be comforted by the fact he is also a part-owner of the Los Angeles Sparks women’s basketball team.

In 2014, the Sparks had to be temporarily absorbed by the league after the club’s previous owners abruptly relinquished all control until Boehly, again along with the group that included Johnson, rescued them from potential extinction. Two years later, they won the WNBA title and lost the 2017 final to Minnesota.

Having bought a 27 per cent stake in the LA Lakers men’s basketball team last July, Boehly also made a bid to buy a controlling interest in the National Women’s Soccer League club Washington Spirit, but withdrew his offer in January following months of negotiations.

Boehly has partnered with Swiss billionaire Hansjorg Wyss, who he has worked with in the past, and another, so far unnamed, businessman in his bid to buy Chelsea, and it is understood he has already been approached by a number of other wealthy associates who would be keen to offer extra investment.



But with Chelsea’s bidders needing to get approval from both the UK government - specifically Secretary of State for Digital, Culture, Media and Sport Nadine Dorries, and the office for sanctions implementation - and the Premier League, Boehly is thought to want to keep his group tight for now at least.

A redevelopment of Stamford Bridge would seemingly offer the most obvious area for growth and there is expertise in Boehly’s group in that field, but the American has already made it clear he also sees other markets to exploit.

“You have a media market that’s just really developing,” Boehly told Bloomberg in 2019. “One of the great things the Premier League has is that it’s on a Saturday morning in America. So you have an uncongested time slot that is now fully dominated by the Premier League.

“NBC has done an amazing job bringing that content. When I was growing up, Pac-Man, Donkey Kong, but certainly I didn’t know about Man United, I didn’t know about Chelsea, I didn’t know about Tottenham. Kids these days are fully aware of what’s the best and the Premier League is the best. I continue to believe there is global opportunity for the best clubs.”

Boehly has waited almost three years to get another crack at buying Chelsea. He could not have predicted how his latest opportunity would have presented itself, but, regardless of sanctions and political red tape, he believes he can stop the European champions disappearing back into the pack.

comment by RtM (U1097)

posted on 11/3/22

Cheers

posted on 11/3/22

I hope u hand typed all of that for us g7, salute

posted on 11/3/22

Media grave dancing already:

- Chelsea fans should be banned from ground if they keep singing Abramovich's name
- Chelsea should be relegated from the Premier League
- Chelsea's success will forever be tainted
- Chelsea turmoil has given Manchester United perfect chance to get their ideal manager

That's just The Telegraph homepage btw.

comment by CSTP (U1453)

posted on 11/3/22

I don’t think the success was tainted haha. That CL poster in my room still looks good.

comment by Superb (U6486)

posted on 11/3/22

comment by RtM (U1097)
posted 1 minute ago
Cheers
----------------------------------------------------------------------
RtM what do you know about Boehly stateside?

comment by CSTP (U1453)

posted on 11/3/22

This agenda for Tuchel to Utd is weird though. Like I wouldn’t have even thought of something like that.

posted on 11/3/22

Please can we have Boehly

posted on 11/3/22

We’ve been low spending for a decade we need to go back to the big time and be the best

comment by Superb (U6486)

posted on 11/3/22

comment by CSTP (U1453)
posted 31 seconds ago
I don’t think the success was tainted haha. That CL poster in my room still looks good.
----------------------------------------------------------------------
I jizzed over my poster. Is it tainted now ?

posted on 11/3/22

Fack the media. The history of media in London has usually been Fleet Street based journalists who support arsenal and spurs, we’ve always been disliked whether it’s from Ken Bates suing the media and winning, our hooliganism which no doubt included anti semitism in the 80s through to Roman coming in and us hitting the big time.

comment by Superb (U6486)

posted on 11/3/22

comment by CSTP (U1453)
posted 36 seconds ago
This agenda for Tuchel to Utd is weird though. Like I wouldn’t have even thought of something like that.
----------------------------------------------------------------------
It's all the Man Utd fans in the media and at Sky Sports pushing it. Sad and desperate and looking to take advantage of a what is an all round tragic situation. Says it all really.

posted on 11/3/22

Have I Got News For You
@haveigotnews

As Chelsea face up to a trophyless future with no money to spend on transfers, football fans begin to wonder how long government sanctions have been in place at Tottenham.

posted on 11/3/22

https://talksport.com/football/1061570/

posted on 11/3/22

That’s one thing I agree with Steve, us not knowing the extent of his involvement whilst singing his name. Ridiculous

comment by RtM (U1097)

posted on 11/3/22

comment by Superb (U6486)
posted 4 minutes ago
comment by RtM (U1097)
posted 1 minute ago
Cheers
----------------------------------------------------------------------
RtM what do you know about Boehly stateside?
----------------------------------------------------------------------
Not much personally about the dude but I’m pretty close to see how much of an impact his ownership has had on the dodgers. The Dodgers were semi successful but with a huge history of great success when he came in. His and his partners investment into the stadium and parking and surrounding areas was massive while keeping that classic look Dodger stadium is known for

He also went all in to get the players they needed to win the World Series after decades without. Think the previous was in 88. The team image got a huge bump/revision. Cleaned up. They worked hard to make sure the dodgers were seen as winners and part of the community.

Everything has been above board and good in recent years. A lot of doubt when they first came in but I know A LOT of dodger fans around here who are extremely happy with where the team is with regards to its ownership. If that can translate well to another country and sport then we might be laughing in a couple years time.

comment by Devil (U6522)

posted on 11/3/22

comment by Nickasaurus (U9257)
posted 3 minutes ago

That’s one thing I agree with Steve, us not knowing the extent of his involvement whilst singing his name. Ridiculous
----------------------------------------------------
It is tasteless. Celebrating those who've done well by the club is one thing, but this just isn't reading the room at all. I find it quite hard to believe he or any oligarch for that matter is even in favour of this war let alone funding it, responsible for feeding the monster yes but not the war itself, but all the same there's people watching who'd feel hurt by that so we don't need to do it. Lacks dignity & class.

comment by Admin1 (U1)

posted on 11/3/22

Tbbab, can you log in using the email address associated with your old account. And see how you get on?

posted on 11/3/22

https://www.football.london/chelsea-fc/news/thomas-tuchel-newcastle-abramovich-sanctions-23356437

comment by RtM (U1097)

posted on 11/3/22

comment by CFC_Steve (U1194)
posted 4 minutes ago
https://www.football.london/chelsea-fc/news/thomas-tuchel-newcastle-abramovich-sanctions-23356437
----------------------------------------------------------------------
Do you think he’d accept a lifetime contract as our manager?

posted on 11/3/22

https://www.skysports.com/watch/video/sports/football/teams/west-ham-united/12563368/moyes-abramovich-has-done-a-good-job-for-chelsea

posted on 11/3/22

https://www.skysports.com/watch/video/12563366/frank-lampard-whats-going-on-in-the-world-more-important-than-chelsea-contracts

posted on 11/3/22

comment by RtM (U1097)
posted 57 minutes ago
comment by Superb (U6486)
posted 4 minutes ago
comment by RtM (U1097)
posted 1 minute ago
Cheers
----------------------------------------------------------------------
RtM what do you know about Boehly stateside?
----------------------------------------------------------------------
Not much personally about the dude but I’m pretty close to see how much of an impact his ownership has had on the dodgers. The Dodgers were semi successful but with a huge history of great success when he came in. His and his partners investment into the stadium and parking and surrounding areas was massive while keeping that classic look Dodger stadium is known for

He also went all in to get the players they needed to win the World Series after decades without. Think the previous was in 88. The team image got a huge bump/revision. Cleaned up. They worked hard to make sure the dodgers were seen as winners and part of the community.

Everything has been above board and good in recent years. A lot of doubt when they first came in but I know A LOT of dodger fans around here who are extremely happy with where the team is with regards to its ownership. If that can translate well to another country and sport then we might be laughing in a couple years time.
----------------------------------------------------------------------
Sounds good. Sign him up.

comment by Superb (U6486)

posted on 11/3/22

comment by TLLL (U4640)
posted 47 seconds ago
comment by RtM (U1097)
posted 57 minutes ago
comment by Superb (U6486)
posted 4 minutes ago
comment by RtM (U1097)
posted 1 minute ago
Cheers
----------------------------------------------------------------------
RtM what do you know about Boehly stateside?
----------------------------------------------------------------------
Not much personally about the dude but I’m pretty close to see how much of an impact his ownership has had on the dodgers. The Dodgers were semi successful but with a huge history of great success when he came in. His and his partners investment into the stadium and parking and surrounding areas was massive while keeping that classic look Dodger stadium is known for

He also went all in to get the players they needed to win the World Series after decades without. Think the previous was in 88. The team image got a huge bump/revision. Cleaned up. They worked hard to make sure the dodgers were seen as winners and part of the community.

Everything has been above board and good in recent years. A lot of doubt when they first came in but I know A LOT of dodger fans around here who are extremely happy with where the team is with regards to its ownership. If that can translate well to another country and sport then we might be laughing in a couple years time.
----------------------------------------------------------------------
Sounds good. Sign him up.
----------------------------------------------------------------------
Ok thanks, sounds like I might need to revise my opinion on him.

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