Wed. Nov 20th, 2024
Occasional Digest - a story for you

THE PREMIER LEAGUE reportedly requested written confirmation from Chelsea that there was no Saudi Arabian links to their ownership.

Chelsea have come under fire in recent days after a flurry of their players were linked with big-money moves to the Saudi league.

Todd Boehly has come under the limelight for his unconventional methods since taking over at Chelsea1

Todd Boehly has come under the limelight for his unconventional methods since taking over at Chelsea

According to The Telegraph the Premier League were looking for assurances that Saudi Arabia’s Public Investment Fund (PIF) was not in any way part of Todd Boehly and Clearlake Capital’s takeover of Chelsea.

The Saudi PIF already owns Newcastle United and concerns have grown over their potential involvement in The Blues.

However it is reported that the Premier League are completely satisfied there is no conflict of interest issues involving Chelsea and and PIF.

PIF have previously invested in Clearlake, but it has been reported that this investment was extensively investigated during the initial takeover and no issues were discovered.

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Chelsea have spent a record £585million on 16 new players since Boehly took over and there has been question marks over their ability to rebalance the books to avoid Financial Fair Play sanctions.

It has since been reported that they are close to agreeing a number of major sales of their players to Saudi Arabia.

N’golo Kante has officially signed for Saudi champions Al-Ittihad, whilst Hakim Ziyech, Kalidou Koulibaly and Eduoard Mendy are all also reported to be close to making the switch to Saudi Arabia.

Al-Ittihad have already splashed the cash on attracting Karim Benzema to the league this summer and Cristiano Ronaldo has been playing for Al Nassr since January.

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Boehly has been owner of Chelsea since May 2022 after Roman Abramovich sold the club.

Since then Chelsea had their worst Premier League points tally ever after amounting just 44 points and finishing in 12th place last season.

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