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Saturday, May 7, 2022

Todd Boehly has already made Mason Mount and Reece James contract decision amid takeover deal

  Todd Boehly's consortium are reportedly ready to address Mason Mount and Reece James' contracts at Chelsea after becoming a bit...

 

Todd Boehly's consortium are reportedly ready to address Mason Mount and Reece James' contracts at Chelsea after becoming a bit concerned by some of the first-team squad's respective situations.

 The Blues have confirmed that terms have been agreed for a new ownership group, with the consortium led by Boehly set to takeover the club. A statement on the club's website read:

"Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club.

"Of the total investment being made, £2.5bn will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen UK bank account with the intention to donate 100% to charitable causes as confirmed by Roman Abramovich. UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account.

"In addition, the proposed new owners will commit £1.75bn in further investment for the benefit of the Club. This includes investments in Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.

 The sale is expected to complete in late May subject to all necessary regulatory approvals. More details will be provided at that time."

If reports are to be believed, it looks as though Boehly and the new Chelsea ownership are already planning ahead. As per Nizaar Kinsella at Goal, the consortium have been a bit concerned with some of the contract situations in the first team and want to address new deals for Mount and James as soon as possible.

Chelsea are already set to lose both Antonio Rudiger and Andreas Christensen at the end of the season as a result of their contracts expiring, and several others have little time left on their deals. Mount and James, however, are considered to be the future of the club.

With the pair deserving of huge pay rises, Boehly's consortium wants to solve the matter before it becomes another issue down the line. Signing the England duo to long-term deals would certainly be a constructive start for the new ownership and a way to immediately get fans on board.

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