Quick Bit: Chelsea’s summer of upheaval is set to continue in the coming weeks with chairman Bruce Buck joining director Marina Granovskaia in leaving the club.
Chelsea’s ownership race dominated the final weeks of the 2021/22 Premier League season following Roman Abramovich’s decision to sell the club.
Despite the UK Government sanctions imposed on the Blues, a sale was finally completed in May, with US billionaire Todd Boehly completing his buyout of the club.
The final deal is rumoured to be in the region of ?4.25bn (EUR4.95bn/$5.21bn) with Boehly set to hand Thomas Tuchel a renewed transfer budget to work with.
However, as part of the new regime, the club are undergoing a boardroom reshuffle, with chairman Bruce Buck and Marina Granovskaia both departing.
Who is Bruce Buck?
Buck is one of the longest serving club employees after joining the Blues in 2003 as part of Abramovich’s original ownership structure.
The American lawyer advised him during the takeover, ahead of the 2003/04 season, and was later appointed to the club board by Abramovich.
The 76-year-old also worked as part of the negotiating team to facilitate Boehly’s purchase, but despite stepping away from his key role as club chairman, he will remain involved as a special adviser.
Why is Bruce Buck leaving his Chelsea role?
Chelsea have not confirmed an official reason for Buck leaving his role, but released a club statement thanking him for his service, as Buck also paid tribute to his team.
“I’m proud to have helped Chelsea realise great success on the pitch and make a positive impact in the community,” he said.
“Now is the right time to step down and let new ownership build on the strong foundations we have in place.
“The new owners have a compelling vision for Chelsea’s future, and I look forward to helping them achieve it in this new role, alongside our incredible staff, players, coaches and supporters.”
Buck’s comments were echoed by Boehly, who added his legacy at Stamford Bridge has laid the foundations for years to come.
“Bruce has led Chelsea Football Club to the highest levels of international and domestic football, while also developing one of the most active social responsibility projects in sport,” he said.
“We thank Bruce for his service and his commitment to the club.”
Despite the over arching positivity from both sides, the situation surrounding his unseating as chairman is likely to be the first of sweeping changes made by Boehly.
The Los Angeles Dodgers owner is keen to build his own team in west London, and whilst Buck’s experience will remain important, changes are coming thick and fast at Chelsea this month.
Buck is not the only high-profile figure leaving the club with director Granovskaia also set to be moving on, after a decade of handling player transfers as a board member.
What trophies have Chelsea won under Bruce Buck?
During Buck’s tenure as chairman, the Chelsea men’s team won 18 major trophies (more than any other English club in that period) while Chelsea FC Women won 12 major titles.
Within that, Chelsea won their first ever Premier League title – under Jose Mourinho in 2005 – before going on to win four more and win the Champions League twice, in 2012 and 2021.
The Chelsea Women’s team have dominated in recent seasons with six league titles since 2015.
Who will be Chelsea’s new chairman?
On June 22, the club confirmed Boehly had been named chairman of the board of Chelsea FC effective immediately while also announcing Granovskaia’s departure.
Abramovich opted for a more distanced approach in his day-to-day running of the club but Boehly wants a more hands-on input at Stamford Bridge.
Chelsea FC’s other confirmed board members include:
o Behdad Eghbali and Jos? E. Feliciano, co-controlling owners of Chelsea FC, and co-founders and managing partners of Clearlake Capital
o Mark Walter, co-owner of Chelsea FC, co-founder and CEO of Guggenheim Partners, owner of Los Angeles Dodgers, Los Angeles Lakers, and Los Angeles Sparks
o Hansj?rg Wyss, co-owner of Chelsea FC, founder of the Wyss Foundation
o Jonathan Goldstein, co-owner of Chelsea FC, co-founder and CEO of Cain International
o Barbara Charone, director and co-founder of MBC PR
o Lord Daniel Finkelstein OBE, columnist and former executive editor of The Times
o James Pade, partner and managing director of Clearlake Capital
Originally found on Sporting News Read More