- Todd Boehly to reduce his involvement in Chelsea FC after a difficult first season in charge.
- Spending only 20% of his time on day-to-day activities at the club.
- Will focus on other ventures after missing out on lucrative European competitions.
- Boehly is co-founder and CEO of Eldridge Industries, also co-owner of LA Lakers and Dodgers.
- Other owners Mark Walter and Hansjoerg Wyss part of the consortium that acquired Chelsea for $5.3bn.
Todd Boehly Steps Back at Chelsea After Worst Season in 29 Years
Todd Boehly is dialing back his involvement at Chelsea FC, people with knowledge of the matter said, as he refocuses on other ventures after a difficult first season in charge of the football club.
David Hellier
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