Todd Boehly's Cost-Cutting Measures - Chelsea Stars to Take a 19% Pay Cut
Todd Boehly is a successful business executive and the owner of the Major League Baseball team, the Los Angeles Dodgers. In 2019, he became a minority owner of the English Premier League football club, Chelsea FC. Since then, he has been taking measures to cut costs at the club, including players' salaries.
Chelsea Stars Brace for Pay Cuts as Todd Boehly Implements Stringent Measures
The global pandemic has caused significant financial damage to football clubs all across the world. Chelsea FC, one of the biggest and most successful football clubs in the world, is no exception. Todd Boehly, the club’s owner, is taking stern measures to address the club’s financial issues, including pay cuts for the players.
Todd Boehly to Implement Wage Reductions for 19 Chelsea Football Club Players
Todd Boehly, the American businessman and investor who purchased a minority stake in Chelsea Football Club, has announced plans to implement wage reductions for 19 of the club's players.