Stefan Borson

Sun 2 March 2025 13:19, UK

Chelsea co-owner Todd Boehly has come under intense scrutiny since BlueCo bought the club from Roman Abramovich for £4.25billion in May 2022.

The London giants’ fans protested against their owners ahead of the 4-0 victory over Southampton on Tuesday (25 February).

The Premier League side have spent more than £1billion on new signings since Boehly and Clearlake Capital completed their takeover at Stamford Bridge.

Speaking at The Financial Times’ Business of Football Summit on Thursday (27 February), the Chelsea chairman insisted the club are “trending in the right direction” and criticism is “par for the course”.

Finance expert Stefan Borson exclusively told Football Insider it will be very hard to find a buyer that will be willing to bail the west London club’s owners out of the £3.5billion they have invested.

Football Insider revealed on 8 November Chelsea’s valuation has dropped over the past couple of years following their lack of success on the pitch.

Enzo Maresca’s side currently sit fifth in the Premier League table as they go in pursuit of a return to the Champions League for next season.

Chelsea owners overpaid to agree Roman Abramovich deal

Borson insisted the chances of BlueCo selling Chelsea are low as he believes the ownership group overpaid to buy the club more than two-and-a-half-years ago.

He told Football Insider: “Boehly did a keynote on Thursday at the FT Business Summit.

“He was impressive actually. He spoke a lot of American.

“He spoke a lot about Netflix and how he believed that the Premier League content was as close to Netflix as you could get from a global perspective, just because football is a global sport almost uniquely.

“He clearly sees the opportunities for the media perspective going forward. He paid a very rich price for Chelsea based on his experiences I think in American sport and, therefore, what the potential value of English clubs could be.

“I think the chances of them selling are low and it would be very hard to find a buyer who would bail them out of what they’ve invested to date, which is probably close to £3.5billion by now. They have also still got the stadium issue.

“I think it’s been too expensive and that they overpaid. If they can do everything that they want to do with English football as leaders of that disruption in terms of changes to the game, changes to the way it monetises itself, then clearly, they can still make a return.

“But it’s been a very expensive project, so I think it’d be very hard to find somebody that would take them out completely.”

Enzo Maresca must make rapid improvements to avoid Chelsea sack

Recruitment expert Mick Brown told Football Insider Maresca must make rapid improvements at Chelsea if he wants to avoid facing the sack.

The Italian boss, who joined the club from Leicester City last summer, has won just four of his 13 games in this calendar year and his only remaining chance of claiming silverware this season is in the Conference League.

Supporters have also started to turn on the manager, with concerns key players such as Cole Palmer have regressed under Maresca.

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