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Thursday briefing: Chelsea raise $500 million capital injection from US fund Ares

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21 September 2023 - 4:30 AM

Chelsea have raised around $500 million in fresh investment from US alternative asset manager Ares Management, The Financial Times reports.

The West London club’s US owners are understood to have sought the capital injection to help fund the Stamford Bridge revamp and acquire stakes in more football clubs.

One source described the arrangement as a preferred equity deal. Ares has accumulated a series of interests across football, including in Atlético de Madrid and John Tex

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