• Loading stock data...
Tuesday, July 15, 2025

Boehly Prepares For Stadium Renovations Amid Chelsea Bid

Chelsea-FC
Chelsea FC/Design: Alex Brooks

Chelsea FC has given interested parties a deadline of April 11 to submit their final offers for the team, but one preferred bidder is already discussing redevelopment of its stadium, Stamford Bridge.

Todd Boehly, co-owner of the Los Angeles Dodgers and Lakers, is heading a consortium with billionaire Hansjorg Wyss for the team, and the Evening Standard reports the group already began consulting with the former project director of Roman Abramovich’s Stamford Bridge plans, David Hickey.

Abramovich was sanctioned by the U.K. government for his ties to Vladimir Putin and put the team up for sale.

  • The consortium has reportedly consulted with architect Janet Marie Smith, who has worked with Boehly on renovations to Dodger Stadium and has led renovations at Boston’s Fenway Park and Atlanta’s Centennial Olympic Stadium.
  • Jonathan Goldstein, who is included in the bid, is a property developer.

Boehly’s consortium, the Ricketts family — owners of the Chicago Cubs — former Liverpool chairman Sir Martin Broughton, and Boston Celtics co-owner Stephen Pagliuca are the remaining four bidders. Each was asked to add at least $1.3 billion to bids — which could now reach at least $3.9 billion — to factor in renovations to the stadium.

Last-Minute Moves

Earlier this week Authentic Brands Group founder Jamie Salter reportedly expressed interest in joining a bid as a minority investor. As of November, the company, which was founded in 2010, was worth $9.5 billion, according to Forbes. Its annual retail sales, an ABG executive told FOS, were $18 billion at the time.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jan 26, 2025; Kansas City, MO, USA; Kansas City Chiefs guard Trey Smith (65) against the Buffalo Bills in the AFC Championship game at GEHA Field at Arrowhead Stadium.

Trey Smith, Chiefs Reach Record Deal Before Franchise Tag Deadline

Smith was taken by the Chiefs in the sixth round of the 2021 Draft.

NFL’s New Headsets Are Designed to Survive Coach Tantrums

New NFL coaching headsets underwent “extensive drop testing.”
NFL

30 NFL Second-Rounders Still Unsigned With Camps Set to Open

Saturday is the earliest rookie report date for training camp.

Najee Harris Contract Situation Unclear Following Fireworks Injury

The running back signed a one-year, $5.25 million contract with the Chargers in March.

Featured Today

May 31, 2025; Philadelphia, PA, USA; Sydney McLaughin-Levrone (USA) reacts before the women's 100m hurdles during the Grand Slam Track Philadelphia at Franklin Field
exclusive

Track’s New Money Is Running Into Old Problems

The sport’s big-money era has hit some speed bumps in 2025.
Bobbleheads are seen at Vintage Indy Sports, Tuesday, April 29, 2025 in Speedway. The local sports memorabilia store opened recently.
July 12, 2025

Baseball’s Bobbleheads Are the Center of the Collectibles Universe

Baseball’s most important keepsake drives long lines—and big business.
Rimouski, QC - JUNE 1: Final Game of the 2025 Memorial Cup between the Medicine Hats Tigers and the London Knights on June 1, 2025, at the Colisée Financière Sun Life in Rimouski, Qc.
July 11, 2025

CHL Is Facing a ‘Pandora’s Box’ of Questions Amid NCAA Talent Departure

As players defect to college, the Canadian Hockey League won’t cede ground.
Jun 28, 2025; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) bats during the game between the Texas Rangers and the Seattle Mariners at Globe Life Field.
July 9, 2025

The Torpedo Bat Business Is Still Going Strong: ‘Here to Stay’

Demand for the oddly shaped bats has stayed strong across the sport.
Oct 27, 2024; Philadelphia, Pennsylvania, USA; A general view of the Wells Fargo Center before game between Philadelphia Flyers and Montreal Canadiens.

New Philly Arena Will Redefine Home-Court Advantage, CEO Says

The forthcoming venue will arrive with plenty of ambition among its owners.
July 9, 2025

Browns $600M Stadium Deal Hit With Suit Over ‘Unclaimed’ Money

Ohio’s use of unclaimed funds for a new stadium is challenged legally.
April 19, 2022; Austin, TX, USA; Tim Leiweke of the Oak View Group speaks at a ribbon cutting ceremony for the Moody Center, a multi-purpose arena that will be home to concerts and the UT basketball teams on Tuesday April 19, 2022.
July 9, 2025

Oak View Founder Tim Leiweke Indicted for Alleged Rigged Arena Bid

The longtime sports executive leaves his day-to-day leadership role.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
July 8, 2025

Chiefs Delay Stadium Decision As Kansas Dangles Dome Dreams

Kansas legislators extend bonds for potential Chiefs and Royals facilities.
Jul 3, 2022; London, United Kingdom; Jannik Sinner (ITA) returns a shot during his match against Carlos Alcaraz (ESP) on day seven at All England Lawn Tennis and Croquet Club.
July 7, 2025

Wimbledon’s Expansion Battle Looms Over Star-Studded Quarterfinals

The expansion’s loudest opposition is Save Wimbledon Park.
July 2, 2025

Commanders’ $3.8B Stadium Deal in Jeopardy? Mayor Sounds the Alarm

Political tensions rise about delays in stadium funding approval.
July 1, 2025

$600M for Browns Stadium Sparks Cleveland Backlash, Possible Lawsuit

The awarding of public funds draws criticism and could bring a lawsuit.