Back to the Chelsea Newsfeed

Chelsea's new owners 'raise £800m in debt in order to reshape the club's finances' as Todd Boehly looks to revamp the squad and infrastructure after taking charge from Roman Abramovich

Chelsea's owners have reportedly raised around £800m in debt to help finance changes to the club and playing squad under the new regime.

Todd Boehly led a consortium that bought the club from Roman Abramovich in May, and the Blues have already been making waves in the transfer market.

Raheem Sterling was the first signing of the new era, the England international joining from Manchester City in a deal worth £50m, while defender Kalidou Koulibaly has also joined from Serie A side Napoli.

Chelsea have reshaped finances in a bid to free up u00a3800m to spend on the club and squad

However, there is also a desire to make changes off the pitch, with the redevelopment of Stamford Bridge among plans held by Boehly and the board.