Chelsea raise £800m of debt

The new owners of Chelsea are raising £800m of debt. The financing arrangements consist of a roughly £300m revolving credit facility and a £500m term loan.

The term loan would form part of the £1.75bn new owners commitment to Chelsea, while the revolving credit facility is for working capital.

The club is not expected to bear any of the interest expense associated with the debt and all proceeds will go into the business.

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The Political Economy of Football V2

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