Todd Boehly sends clear message ahead of new Chelsea era under Enzo Maresca
Chelsea co-owner Todd Boehly is confident about delivering success in the future at the club. Having acquired a controlling stake in the club alongside a consortium of investors including US private equity firm Clearlake Capital and Swiss billionaire Hansjorg Wyss following the forced sale of the club by Roman Abramovich in 2022, the approach to creating sporting success at Stamford Bridge has come under intense scrutiny.
Finishes of 12th in 2022/23, and sixth in 2023/24 weren’t part of the plan when the ownership group arrived, especially having committed to more than £1bn spent in the transfer market on a host of talented, yet expensive players from across the globe, with the strategy changing the dynamics of the transfer window in recent years.
Thomas Tuchel, Graham Potter, Frank Lampard and Mauricio Pochettino have all stalked the Stamford Bridge touchline as managers during the Boehly/Clearlake reign, and with Enzo Maresca to be the fourth permanent managerial appointment since 2022, much is riding on the Italian getting the plan right.
But, despite the heavy spending and comparative lack of success, with the club having some work to do in terms of player trading or tangible asset sales before the end of the current financial year in order to remain compliant with the Premier League’s profit and sustainability regulations (PSR), Boehly remains bullish on the club’s chances. Speaking at Bloomberg Invest earlier this week, Boehly said:
“When things are going well everything is great. When things aren’t going as well things aren’t as great. “Our commitment is to win. We’re here to win. Our perspective is how do we build something that has real staying power like we have done with the (Los Angeles) Dodgers.
“Putting together that team that is very fluid and comes together, that is the first step. Putting together any team takes time, that’s the only way to phrase it. We feel very good about the pieces that we have together, the camaraderie that the players have, and what the future looks like.”
Part of the investment thesis of Boehly and Clearlake at Chelsea is to turn the club into a truly global brand, with the North American market one that they have significant hopes for as it becomes increasingly interested football, notably the Premier League, ahead of the 2026 World Cup to be held in the US, Canada, and Mexico.
But with that popularity comes responsibility. “There are very few brands that have the reach that Chelsea does,” said Boehly. “Chelsea, you see it and you feel it differently because it means so much to so many people. As I tell everyone, the good news is the bad news, because it means so much to so many people.”