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Sport
Tom Coley

Chelsea cited as Liverpool takeover example for FSG rather than Man City and Newcastle approach

Todd Boehly's ownership of Chelsea has come under immense scrutiny since purchasing the club alongside Clearlake Capital in May.

His hands on role as self-proclaimed interim sporting director as well as active and public facing transfer activities have been used as fuel to take aim at the LA Dodgers joint-owner. Their £4.25bn commitment to the club is no trivial matter though, and the businessman is attempting to overturn a lot of preconceived opinions.

The summer spend of over £250m on top of sacking fan favourite Thomas Tuchel has so far damaged his credibility in the footballing world to some, but his ventures elsewhere have so far been extremely successful, and Chelsea was never a job to be completed overnight.

READ MORE: Pep Guardiola delivers Erling Haaland injury update for Chelsea Carabao Cup clash

However, with Liverpool's current ownership group, Fenway Sports Group (FSG), announcing that they are open to new shareholders with an understanding that they would also consider selling the club should the right offer come about, Boehly's takeover has been cited as the way to go for the Reds.

Simon Jordan, who was owner of Crystal Palace over a decade ago, explained his thinking, telling TalkSport: "Whilst it looks like a one-stop shop and you have to go in for nation-states to be able to compete in football, we're seeing a very different landscape manifest itself.

"Football is becoming a mature, economically viable, engaging, interesting business to other people like bankers, like Goldman Sachs, J.P Morgan or people that would fund the purchase of Twitter, they will now get into the criteria of buying football clubs."

Boehly's private investor status in a consortium is very different to the Saudi Arabian Public Investment Funded takeover of Newcastle. Jordan doesn't think that despite the dominance of Manchester City and Newcastle's immense rise since January, that it's the only way.

"It doesn't have to mean this race to the bottom to find nation-states that have different agendas with soft influence being at the centre, it means Liverpool are going to be in those hands," he added.

"Tell that to Todd Boehly [that nation-state ownership is the only way to compete]. The biggest football club purchase in the history of football has just been bought by a group of Americans.

“Chelsea exhibit the other end of the spectrum and they’re the ones who started this race to the bottom economically because Roman Abramovich was an individual. He bought Chelsea for his own reasons.

“And he subsequently sold it to private equity guys that now are not nation-states. They're private equity guys that are looking at football as an economic vehicle for a variety of other things.

“Nobody had bought a football club for much more than 700 or 800 million quid and I can’t think of many that have done that. The Glazers [Manchester United owners] – but they leveraged it. Chelsea have been bought for £2.5bn, so there’s the example.

Newcastle were bought for £300m, Man City were bought by [Thaksin] Shinawatra 14 years ago for nowhere near this.

“Chelsea are the model, not the nation states.”

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