Try GOLD - Free

Billionaire Boehly starts revolution at Stamford Bridge

Evening Standard

|

July 14, 2022

In contrast to the secretive Roman Abramovich, Chelsea’s new co-owner is taking centre stage in everything from

- Nizaar Kinsella

Billionaire Boehly starts revolution at Stamford Bridge

The £4.15 billion purchase of Chelsea FC has put its new owners on football’s equiva-lent of Hollywood’s Walk of Fame

A short drive from the famous Los Angeles street which has paving stone tributes to the stars of film and entertainment, the new era at Chelsea is getting underway in earnest.

Last night, with the Blues in LA on their pre-season tour of the US, Chelsea announced the £47.5 million signing of England star Raheem Sterling from rivals Manchester City. Sterling becomes the best-paid player at Chelsea, on more than £300,000 a week, and his transfer is just the start of a new dawn for the club.

New owners Todd Boehly and US investment firm Clearlake Capital have committed to spend £1.75bn over the next 10 years after securing the biggest-ever deal for a sports team.

The consortium that completed a takeover from Roman Abramovich in May is redefining what the club looks like — both inside and out.

For 19 years under Abramovich, Chelsea was a closed shop at the top. The Russian oligarch loathed publicity, gave no interviews and let his executives run the club on a day-to-day basis. Money was no object and his hire-and-fire approach to managers yielded the most successful period in the history of the west London club.

Boehly and Clearlake Capital want to continue to challenge for the biggest trophies but they want to do things differently as they bid to return Chelsea to the top of English football.

MORE STORIES FROM Evening Standard

The London Standard

The London Standard

Can Rosenior crack it as Chelsea frontman?

The inexperienced new Blues boss will have to work with the powers behind the scenes to have any chance of success.

time to read

6 mins

January 08, 2026

The London Standard

The London Standard

London's best antique dealers and jewellers

From Georgian engagement rings to 1980s Bulgari, the city's jewellers have it all — you just need to know where to look.

time to read

3 mins

January 08, 2026

The London Standard

The London Standard

Hidden London

SECRET SPOTS YOU SIMPLY HAVE TO DISCOVER

time to read

4 mins

January 08, 2026

The London Standard

The London Standard

Our three-bedroom Victorian house was a steal. When we tell people how much it cost their jaws hit the floor

If you are debating whether to stay in London or move to the country, Harold Hill could be a perfect compromise.

time to read

1 mins

January 08, 2026

The London Standard

The London Standard

New Year in the capital: feel better, live brighter in 2026

The new year in London always brings a buzz of opportunity. But rather than chasing dramatic resolutions, 2026 is the year of gentle consistency, and of putting your wellbeing at the centre of your routine

time to read

2 mins

January 08, 2026

The London Standard

The London Standard

Performance & wellness

Dr Mukil Menon is redefining performance and longevity medicine in the UK through medically supervised peptide therapies and bespoke health programmes

time to read

2 mins

January 08, 2026

The London Standard

The London Standard

A safe pathway to Dubai and the UAE

While the UK is dealing with one of the largest tax rises in its recent history, many are seeing the United Arab Emirates (UAE) — and Dubai specifically — as an attractive alternative place to build a future

time to read

2 mins

January 08, 2026

The London Standard

The London Standard

McCullum reign continues for now after Ashes debacle

Coach expected to lead side into the T20 World Cup despite disaster Down Under. By Cameron Ponsonby

time to read

3 mins

January 08, 2026

The London Standard

The London Standard

'THE APOCALYPSE HAS ALREADY HAPPENED'

Sleaford Mods frontman Jason Williamson has been the genius, foul-mouthed voice of working-class Britain for more than a decade— now he’s eyeing up the fate of the planet.

time to read

5 mins

January 08, 2026

The London Standard

The London Standard

LONDON RULES SUPREME: THE BEST CULTURE OF 2026

Christopher Nolan's Odyssey. Lily Allen in the West End. A Gorillaz football stadium takeover. It's all on in the capital.

time to read

11 mins

January 08, 2026

Translate

Share

-
+

Change font size