Chelsea owner Todd Boehly splashes £40m on brand new team as he expands rich business empire CHELSEA owner Todd Boehly has plunged into cricket by paying £40million for a 49 per cent stake in Trent Rockets.
The Chelsea chief extends his portfolio to cricket alongside fellow Blues director Jonathan Goldstein via business Cain International.
American Boehly, who led a consortium which bought Chelsea for £4.25billion in 2022, has stakes in many other teams including baseball’s LA Dodgers.
Boehly has been in talks with the England and Wales Cricket Board (ECB) since October when the first round of bidding ended.
Other investors include three IPL franchises, an IT entrepreneur, a consortium of cricket-mad tech tycoons and the owners of Birmingham City, who include NFL legend Tom Brady.