As featured on NewsNow: Football news

Chelsea co-owner Boehly in talks about fresh cash investment

Chelsea co-owner Todd Boehly is in talks about fresh investment.

Bloomberg says Chelsea and Boehly are exploring a £250 million investment which would involve the Bank of America Corp. working as advisors.

The loan would be independent of the new £400 million investment from U.S. firm Ares Management.

The new agreement would assist the proposed expansion and renovation of Stamford Bridge, something which Boehly agreed to put around £2 billion behind when buying Chelsea with Clearlake Capital last summer.

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