The Premier League club’s American owners have splashed roughly $750 million on new players since last year. Puzzled rivals can’t see a strategy behind the spending.
Rob McElhenney and Ryan Reynolds seem sincere about their investment, emotionally and financially, in a Welsh soccer team. But they are not mere observers in its story.
Britain’s government has cleared the sale of the Premier League soccer team. But to win approval, the new owners had to agree to a set of unusual conditions.
Todd Boehly, a part-owner of the Los Angeles Dodgers, leads a new ownership group that is set to buy the club from Roman Abramovich, a Russian oil oligarch, for more than $3 billion.