London giants Chelsea have been one of the biggest spenders in world football since the start of Todd Boehly’s tenure as owner and they have splashed out huge sums of cash on signings such as Enzo Fernandez, Moises Caicedo and Mykhailo Mudryk over the past 18 months. Boehly has already broken the £1bn mark in just three transfer windows but the Blues are now set to receive a further cash injection of £400m from US-based Ares Management, according to a report from The Telegraph.
It is believed that the money will be used to fund expansion projects such as the redevelopment of the club’s training ground Cobham, as well as a new stadium which could cost upwards of £1.5bn. Ares are expected to make the investment as part of a preferred equity deal, which would see the company paid a percentage return on their investment.
A number of other firms and individuals have also stated their interest in buying shares within the football club and one of those is led by former Chelsea captain John Terry. Terry is one of Chelsea’s greatest ever defenders and he currently acts as the club’s academy coach, despite links with a managerial role in Saudi Arabia.
Boehly is believed to be open to offers and it is claimed that more than one deal for new investment could be struck to support new projects. The American businessman is also keen to add more clubs to his portfolio and Sporting Lisbon has been identified as a potential feeder club in the future, according to reports from The Sun. Ares have already bought shares in Spanish giants Atletico Madrid and they have close ties with Eagle football, who are the owners of French outfit Lyon.