Revival of LA Dodgers under Todd Boehly bodes well for Chelsea

The hedge fund billionaire helped rebuild the Dodgers in one of the most dramatic turnarounds in North American sports

It was announced on Friday that a consortium led by Los Angeles Dodgers part-owner Todd Boehly has been selected as the preferred bidder in the race to buy Chelsea from Roman Abramovich. If the 46-year-old hedge fund billionaire can repeat the rescue job he has pulled off with the Dodgers over the past decade, it is an outcome that will suit Blues supporters just fine.

In 2011, the Dodgers were among the most badly mismanaged teams in North American sports under Frank McCourt, the Boston real estate developer who had bought the franchise and the surrounding Chavez Ravine land from Rupert Murdoch’s Fox Entertainment Group seven years earlier.

Continue reading…The hedge fund billionaire helped rebuild the Dodgers in one of the most dramatic turnarounds in North American sportsIt was announced on Friday that a consortium led by Los Angeles Dodgers part-owner Todd Boehly has been selected as the preferred bidder in the race to buy Chelsea from Roman Abramovich. If the 46-year-old hedge fund billionaire can repeat the rescue job he has pulled off with the Dodgers over the past decade, it is an outcome that will suit Blues supporters just fine.In 2011, the Dodgers were among the most badly mismanaged teams in North American sports under Frank McCourt, the Boston real estate developer who had bought the franchise and the surrounding Chavez Ravine land from Rupert Murdoch’s Fox Entertainment Group seven years earlier. Continue reading…Football | The Guardian