Former Guggenheim Partners President Made Bid for Premier League’s Chelsea

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Former Guggenheim Partners President Made Bid for Premier League’s Chelsea
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Todd Boehly, the former Guggenheim Partners president and a part-owner of the Los Angeles Dodgers, made a recent offer to buy London’s Chelsea football club, but the bid fell short of the $3 billion sought by owner Roman Abramovich

Todd Boehly, the former Guggenheim Partners LLC president and a part-owner of the Los Angeles Dodgers, made an unaccepted offer in recent weeks to buy London’s Chelsea soccer club from Russian billionaire Roman Abramovich, according to people familiar with the matter.

Mr. Boehly’s bid fell short of $3 billion, the price Mr. Abramovich has sought for one of the Premier League’s most-popular clubs, and it is likely Mr. Boehly would need to raise his offer to secure the club, the people said. Mr. Boehly remains interested in...

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