Chelsea potential ownership insight: Todd Boehly’s consortium
Jonathan Goldstein
There are a lot of unknowns about the transfer of power at Chelsea given the complexity of the situation. However, one thing that’s certain is the fact that whoever is given the nod will likely check many of the boxes that the current hierarchy is looking for—if not all. Thus far, the Boehly consortium checks the sports experience, good PR and financial might boxes. The duo revealed in the early days of their campaign that they had a third investor who would bring something completely different to the table, that man is Jonathan Goldstein.
For those who don’t know Goldstein, he is the founder and CEO of Cain International. Cain International is the London-based real estate firm that was discussed on the first slide, which works under Boehly’s Eldridge Industries. Goldstein has worked with Boehly and his team for the last eight years on projects with a couple of teams in Los Angeles.
Goldstein’s involvement has split opinions with the Blues’ fanbase seeing as he is a diehard Tottenham Hotspur supporter. He grew up in Essex and he’s been a Spurs fan his entire life. Despite this, there is no real conflict of interest seeing as he’s not been a part of any Tottenham ownership during his time as the CEO of Cain International. Goldstein’s willingness to join forces with Boehly and Wyss will always worry fans, but it’s not believed he would have any real impact on decision making at the club.
His role in all of this will likely be solely to oversee the redevelopment of Stamford Bridge. It’s going to be a tough project for any new owner and one that will require a lot of lobbying, in addition to time and money. Thus, few are better for the role than Goldstein, who knows the London real estate market better than anyone involved in the Blues’ potential takeover.
Goldstein is also the former chairman of the Jewish Leadership Council, which only serves to strengthen the consortium’s bid even further given Chelsea’s commitment to combatting anti-Semitism. Goldstein’s involvement seemingly completes the trifecta. Boehly is the sporting brains, Wyss is the philanthropist and wealthy investor and Goldstein is the renovation aficionado. Overall, this trio represents a well put together consortium that could only improve the current state of affairs in west London.
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