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New Chelsea Owners Set For First Official Premier League Meeting

New Chelsea Owners Set For First Official Premier League Meeting

The Todd Boehly and Clearlake Capital consortium are set for their first Premier League duties.

Todd Boehly and Behdad Eghbali, two of Chelsea’s new owners, are set to attend their first Premier League event when the annual meeting takes place on Thursday.

Boehly, part-owner of the Los Angeles Dodgers, and Eghbali who is the co-founder of American private equity firm Clearlake Capital, completed their multi-billion pound purchase of Chelsea at the end of last month putting an end to the 19-year ownership of Roman Abramovich.

They have been spotted in the stands watching Chelsea at the end of the 2021/22 campaign, while Boehly was pictured arriving at Stamford Bridge for meetings with Marina Granovskaia and other members of the Blues hierarchy as they begin their plans for the club ahead of the 2022/23 season. 

As they continue to settle in west London, Boehly and Eghbali will both now travel to Harrogate on Thursday for the annual meeting, per reports, which will see them meet the chiefs of the other 19 Premier League clubs, giving them a chance to meet their fellow executives for the first time.

The futures of chairman Bruce Buck and director Marina Granovskaia remain unclear. A decision is yet to be made over their long-term positions at the club.

Paul Greenwood / Alamy
Paul Greenwood / Alamy

After they completed the £4.25 billion takeover of the club, Boehly offered commitment to the Blues, to which is also legally binding after Abramovich asked for assurances - meaning a significant amount of investment will happen as well as their ownership guaranteed until 2032. 

Boehly said following the confirmation of the takeover: “We are honoured to become the new custodians of Chelsea Football Club. We’re all in - 100 percent - every minute of every match. Our vision as owners is clear: we want to make the fans proud. Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the Club for the long-term and build on Chelsea’s remarkable history of success. I personally want to thank ministers and officials in the British government, and the Premier League, for all their work in making this happen.”

D Primrose / Alamy
D Primrose / Alamy

Meanwhile, Eghbali and his other co-founder of Clearlake Capital, José E. Feliciano, were also keen to express their readiness in growing the club both on and off the pitch. 

They added: “We are excited to commit the resources to continue Chelsea’s leading role in English and global football, and as an engine for football talent development. We also want to thank the authorities for all their work throughout the process. As pioneers in sports and media investing, we are thrilled to partner with Todd and the rest of the consortium to meaningfully grow the Club as a global platform. Together, we will expand the Club’s investment across infrastructure, technology, and sports science to support the incredible Chelsea football and commercial teams – all with the goal of leveraging this growth to fuel even more on-pitch success.”

The Premier League season begins at the start of August with Chelsea eyeing to put up a title fight with Manchester City and Liverpool. Thomas Tuchel will be given the keys in the transfer market to decide which players he wants bought and sold, with Boehly ready to do all he can to fulfil the German’s wishes.

Featured Image Credit: PA Images / Alamy

Topics: Chelsea, Todd Boehly, Premier League