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Evening Standard
Evening Standard
Sport
Marc Mayo

Chelsea takeover: LA Dodgers chief Mark Walter, worth £3.3billion, joins Todd Boehly’s bid to buy club

Todd Boehly has been backed in his bid to buy Chelsea by fellow LA Dodgers co-owner Mark Walter, who is worth £3.3billion.

The battle to buy the Stamford Bridge club from Roman Abramovich is expected to reach a climax this month with Bruck Buck and Marina Granovskaia locked in talks with the final four interested parties.

Boehly, himself worth an estimated £4.7billion, was in attendance for Chelsea’s Champions League defeat to Real Madrid on Wednesday ahead of discussing his bid with the club.

According to The Athletic, Walter has joined the American’s takeover consortium although it is unclear how much of his own money he has committed to the project.

While Boehly is merely one of the fives main partners in the Guggenheim Baseball Management company that owns and runs Major League Baseball giants the Dodgers, Walter is its chief executive.

The Iowa native, in his early 60s, is chairman of the 2020 World Series champions who have become arguably the sport’s best team in the near-decade GBM has been in charge.

This winter has seen the Dodgers make a number of bold moves in the market, signing All-Star first baseman Freddie Freeman from last year’s champions the Atlanta Braves on a six-year, £124m contract.

Boehly and Walter are not MLB’s only owners interested in Chelsea with the Ricketts family, in charge of the Chicago Cubs, also making a bid that has been beset by fan protests.

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