Todd Boehly speaks out for first time since being named preferred Chelsea bidder

Todd Boehly has spoken out for the first time since being named as the preferred Chelsea bidder.

The American businessman is in pole position to take over the Blues with his consortium last week being given the green light to buy the club from sanctioned owner Roman Abramovich

It was business as usual for him this week, though, as he attended the four-day Milken Institute Global Conference in Los Angeles as one of the invited speakers. He gave little away about the Chelsea bid but did comment on his experiences as part-owner of the LA Dodgers, including how they have the cheapest tickets in the MLB.

Boehly said (via SB Nation): "There’s nothing like sports to excite passion. And if you have passion, then you have people who care about things. And if you have people who care about things, you have great opportunity.

"And really, it’s about curating that experience, that access, that opportunity. We’ll have 4 million people coming out to Dodger Stadium this year.

"So, our goal is to give them the best possible experience. We still have the most affordable tickets in the league basically, for a stadium that’s full regularly.

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"So when you look at how we think about price points, and how we think about sports, we just believe they’re not making more of them, so implicit in that is scarcity value. We’ve been really focused on just the super big brands.

"In some sports like the NFL, they share all the media money. In baseball, you’re really a derivative of your local market. The Premier League’s similar.

"If you look at the way it works, to be one of the big brands, you have a structural advantage. And for us, we’re always looking for structural advantages.”

Boehly, who has a net worth of £3.5billion according to Forbes, has teamed up with fellow Dodgers owner Mark Walter and Swiss billionaire Hansjorg Wyss to stake their claim for Chelsea.

He came out on top against fellow consortiums headed by Sir Martin Broughton and Stephen Pagliuca to be named as preferred bidder by Raine Group, the bank overseeing the sale of the club.

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