EPL: Chelsea owner, Todd Boehly withdraws from active management of club

Chelsea owner, Todd Boehly has started withdrawing from active management at the club after ’ worst season under his watch.

Chelsea suffered their worst season in 29 years, as they will finish 12th in the Premier League this season.

The American billionaire took over and began mega-spending in two successive transfer windows.

He spent about six hundred million pounds on players in the last two transfer windows but it backfired hugely as Thomas Tuchel was sacked and Frank Lampard was unable to improve things.

And now Bloomberg reports that Boehly has decided to dial back his direct involvement in the operations of the club.

The report claims he is now only spending 20 percent of his time on day-to-day activities at Chelsea, down from around 50 percent.

He has now handed more responsibility to Chelsea’s sporting directors.