Chelsea owner-in-waiting,Todd Boehly has spoken out for the first time after winning the ‘race to buy the club”
Todd Boehly, the man in the driving seat to take over at Chelsea, lifted the lid on his sporting philosophy as he closes in on buying the Stamford Bridge club.
Boehly, a part-owner of the Los Angeles Dodgers, was an invited speaker at the four-day Milken Institute Global Conference in Los Angeles, appearing for the first time since being named as Chelsea’s preferred bidder last week
There’s nothing like sports to excite passion,’ Boehly said, according to We Ain’t Got No History. ‘And if you have passion, then you have people who care about things.
‘And if you have people who care about things, you have great opportunity. And really, it’s about curating that experience, that access, that opportunity.
‘For example, we’ll have four million people coming out to Dodger Stadium this year. So, our goal is to give them the best possible experience. We still have the most affordable tickets in the league basically, for a stadium that’s full regularly.
‘In some sports like the NFL, they share all the media money. In baseball, you’re really a derivative of your local market.
‘The Premier League’s similar. If you look at the way it works, to be one of the big brands, you have a structural advantage. And for us, we’re always looking for structural advantages.’
Boehly’s consortium was named as the preferred bidder to take over at Chelsea last week by the Raine Group, the American bank overseeing the sale. He has partnered with fellow Dodgers owner Mark Walter and the Swiss billionaire Hansjorg Wyss.
Boehly saw off competition from consortiums fronted by Stephen Pagliuca and Sir Martin Broughton and even a late £4billion bid from Sir Jim Ratcliffe.
Chelsea are currently third in the Premier League table. They are also in the FA Cup final, where they take on quadruple-chasing Liverpool on May 14 at Wembley.
The club has been up for sale since early March after current owner Roman Abramovich made the decision to sell the club shortly before he was sanctioned by the British government over his ties to Russia president Vladimir Putin.