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Revealed: £2bn+ Chelsea payout
Chelsea have now received over £2billion in investment since Todd Boehly’s takeover last year, Football Insider can reveal.
Boehly bought the London club for £2.5bn last year, while an additional £1.75bn was pledged by his consortium to invest in the club both on-and-off the pitch.
Over £1billion has already been spent in the transfer market on new signings over the last three windows.
Chelsea have now topped up their £1.75bn investment fund with a £400million injection from Ares Management, taking their total investment pool to £2.15billion.
As reported by the Daily Mail, the US-based investment fund have a deal in place with Chelsea.
Football Insider understands that the new cash injection will be spent on Chelsea’s stadium expansion plans.
Boehly promised fans after completing the takeover that the new ownership group would invest in infrastructure improvements at the club.
As revealed by Football Insider in August, Chelsea plan to use fresh investment to begin their redevelopment of Stamford Bridge.
The Blues have bid £65million for a plot of land next to Stamford Bridge as they look to expand the capacity of their 40,300-seater stadium.
Chelsea have agreed a deal in principle with Stoll – who own the plot of land – and are currently awaiting the green light to begin construction.
The new £400million cash injection could also contribute towards expanding Chelsea’s multi-club project, with the Londoners reportedly eyeing up a bid for Sporting Lisbon.
The Blues launched their own multi-club project through the £65million purchase of French club Strasbourg this summer.
In other news, Senior Chelsea scout spotted in Man United transfer mission