Chelsea co-owner Todd Boehly believes that the club’s women's team will be a hugely valuable asset in the coming years.
Thus far, the investment by Boehly and Clearlake Capital since acquiring the club two years ago has not paid dividends, with a transfer spend in excess of £1bn, three sacked managers and no Champions League football for a second successive season after another campaign of tumult.
On Tuesday, Mauricio Pochettino was the latest Chelsea manager to pay the price, with the Argentine and the club’s owners agreeing to a ‘mutual’ parting of the ways.
On-pitch success is an important part of the Boehly/Clearlake investment thesis, and they would have expected more in the way of such success since May 2022. But they are playing a longer-term game at the club, with plans for a revamped Stamford Bridge very much at the forefront of the thinking, as are plans to grow the club’s brand in the United States at a key time of ‘soccer’ growth across the Atlantic leading up to the 2026 World Cup in the country.
Chelsea Mauricio Pochettino 43-word statement speaks volumes as Todd Boehly silent
'Not going to explain' — Mauricio Pochettino's ominous final words as Chelsea boss
What is happening in the US with regards to women’s football is starting to set the tone for the women’s game on a more macro level, with investors now seeing the growth potential that exists in not only women’s football, but a number of professional women’s sports which have been attracting an influx of new capital.
In the NWSL, the highest level of professional women’s football in America, valuations of teams have been on a sharp incline, with team sales having risen from the $35m paid for the Washington Spirit by Michele Kang in 2022, to the $113m paid
Read on football.london