Chelsea Football Club’s new owners have raised £800m in debt to reshape the London club.
The financing arrangements consist of a circa £300m revolving credit facility and a £500m term loan, according to people with direct knowledge of the matter, eclipsing the $650m raised by Manchester City’s parent company last July.
US financier Todd Boehly and private investment firm Clearlake Capital acquired Chelsea for £2.5bn in May. They also committed to invest a further £1.75bn in the club, with plans to redevelop the Stamford Bridge stadium.
