Kieran Maguire: Todd Boehly has 'shown his true colours' amid £175m Chelsea reveal
Chelsea owner Todd Boehly has “revealed his true colours” by calling for the Premier League to introduce an annual all-star game.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the American billionaire’s controversial proposal.
Boehly, who heads up the investment firm Clearlake Capital, completed a £2.5billion takeover of Chelsea in May.
The 48-year-old is perhaps most famous for being co-owner of the Los Angeles Dodgers, one of the most commercially successful baseball teams in the United States.
As quoted by Sky Sports on Wednesday (14 September), Boehly suggested that the Premier League introduce a “North versus South” all-star game similar to those staged by the NBA and MLB.
He revealed that the MLB had generated £175million from their all-stars game this year alone.
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Maguire claimed that Boehly’s comments were emblematic of his views on football.
“Todd Boehly has clearly revealed his true colours here,” he told Football Insider’s Adam Williams.
“While the comments were perhaps tongue in cheek, it indicates that he doesn’t see football as a sport but rather as a means of entertainment that is about generating profits.
“There’s no way that an organisation such as Clearlake Capital get involved in football without looking for some sort of financial return on the investment.“
Boehly also suggested a four-team relegation play-off for the Premier League.
In the same interview, he outlined plans to launch a multi-club empire with Chelsea at its head.