(Credit: Imago/Getty Images)
(Credit: Imago/Getty Images)

Stefan Borson: Chelsea owners could agree ‘perfect’ takeover deal

James Murray

James holds a degree in Sports Journalism and Communications (MA) from the Real Madrid Graduate School. He has experience working for a number of local news outlets as well as the Sunday Mirror and Real Madrid TV. James is from Scunthorpe and has an affinity with Scunthorpe United, but is also a huge West Ham supporter and an expert on all things to do with the Hammers. He started working for Breaking Media in July 2023, initially writing on the Club Sites, where he specialised in West Ham content, before moving to Football Insider – where he is now an expert in football finance, speaking regularly with Stefan Borson and Keith Wyness to generate high-quality content in all things related to finance in the Premier League, Football League, and Scottish Premiership.

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Chelsea’s owners are looking to buy another club as part of the plans to expand their multi-club model. 

Manchester City have taken the multi-club trend to another level in recent years, with their owners – the City Football Group (CFG) – adding 12 teams to their portfolio alongside Pep Guardiola’s side. 

Chelsea were purchased by BlueCo, which is led by Todd Boehly and Clearlake Capital, for £4.25billion from Roman Abramovich in May 2022. 

BlueCo then bought a majority stake in French side Strasbourg in the summer of 2023, setting the ownership group’s multi-club model in motion. 

It’s now emerged Chelsea’s owners are considering a move to buy Santos, who currently sit 16th in the Brazilian first division. 

Chelsea co-owners Todd Boehly and Mark Walter at the Club World Cup
Todd Boehly played a key role in securing the takeover of Chelsea (Credit: Imago)

Chelsea owners told to agree takeover deal

Former Man City financial adviser Stefan Borson exclusively told Football Insider a deal to buy a Brazilian team would be “perfect” for Chelsea’s owners. 

However, it has been suggested BlueCo could have to pay £200million to buy Santos and make any necessary improvements they require. 

Speaking exclusively to Football Insider, Borson said: “I think a lot of people in the game, in the MCO kind of consideration world, what do you want to build in an ideal world in a multi-club organisation, you look at Brazil and you go, ‘That's perfect because clearly it's an incredible football nation’. 

“Talent-wise, it’s great. There are distressed assets financially that are possibly underutilised. On a slide deck if you've got a consultant, they're going to say, ‘Yeah, you’ve got to get a club in Brazil’, so it makes sense. 

“I think if they can, they will. You can understand why they would do that.” 

Chelsea
Chelsea's owners are considering a deal to buy Santos (Credit: Getty Images)

It is believed BlueCo previously paid around £65m to secure its stake in Strasbourg. 

Chelsea owners facing new stadium issue

Chelsea are considering whether to leave Stamford Bridge or expand their existing stadium, with Earl’s Court viewed as a possible location for a new facility. 

However, Hammersmith and Fulham Council – one of the local authorities involved in the decision-making process – green lighted an alternative plan for the site at a meeting on 26 November. 

The proposal, which has been put forward by the Earl’s Court Development Company, is for a £10bn housing and retail project. 

Chelsea, Todd Boehly
Chelsea are still considering their stadium plans (Credit: Getty Images)

The Blues’ owners now need to decide on their next steps after the situation has been ongoing for several years. 

It is understood an expansion of Stamford Bridge is the most likely option for Chelsea at this moment in time. 

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