Dodgers Owners Successfully Purchase English Premier League Club

Mark Walter and Todd Boehly are part of the group that recently purchased Chelsea FC.

Investors are all about a diversified portfolio. For the MBA-types, that's a crucial key to success when it comes to the financial world. Todd Boehly and Mark Walter truly that that maxim to heart. 

Over the weekend, a group led by Dodgers part-owner Boehly, that Dodgers chairman Mark Walter is also part of, had the winning bid for the right to purchase Chelsea FC from Russian billionaire Roman Abramovich for the low, low price of $5.25B.

The news was verified by Fabrizio Romano on Friday evening Pacific time.

🚨🔵 Official. Chelsea statement now confirms that “terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club”. #CFC

It’s the end of Roman Abramovich era. pic.twitter.com/fTw5EMdd8p

— Fabrizio Romano (@FabrizioRomano) May 7, 2022

Swiss billionaire Hansjoerg Wyss was also part of the group.

Abramovich was sanctioned by the United Kingdom to sell the club due to Russia's invasion of Ukraine. 

Todd Boehly celebrated his latest acquisition by attending Chelsea's match on Saturday.