Todd Boehly has outlined his plans for Chelsea FC following the completion of his takeover of the club.
A consortium fronted by the LA Dodgers co-owner and investment firm Clearlake Capital saw its purchase of Chelsea go through on Monday after Premier League and government approval were granted last week.
Speaking after the deal was announced, Boehly reaffirmed his commitment to investing in both the men's and women's teams and redeveloping their respective stadiums.
“We are honoured to become the new custodians of Chelsea Football Club,” said Boehly.
“We’re all in - 100% - every minute of every match. Our vision as owners is clear: we want to make the fans proud. Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the club for the long-term and build on Chelsea’s remarkable history of success.
"I personally want to thank ministers and officials in the British government, and the Premier League, for all their work in making this happen.”
Behdad Eghbali and José E. Feliciano, Clearlake co-founders and managing partners, added: “We are excited to commit the resources to continue Chelsea’s leading role in English and global football, and as an engine for football talent development.
"We also want to thank the authorities for all their work throughout the process. As pioneers in sports and media investing, we are thrilled to partner with Todd and the rest of the consortium to meaningfully grow the Club as a global platform.
"Together, we will expand the Club’s investment across infrastructure, technology, and sports science to support the incredible Chelsea football and commercial teams – all with the goal of leveraging this growth to fuel even more on-pitch success.”