Former Chelsea co-owner Todd Boehly seeks to buy Lukoil’s foreign assets
American billionaire and financier Todd Boehly has assembled a consortium to buy the foreign assets of Lukoil, a Russian oil company that has come under U.S. sanctions, the Financial Times reported, citing sources.
Former Chelsea co-owner Todd Boehly is seeking to acquire Lukoil’s foreign assets, according to a report by the Financial Times. The billionaire investor has formed a consortium with support from the U.S. government and influential figures connected to Donald Trump’s family, as well as business from the Persian Gulf. Boehly's group includes DFC, a U.S. state corporation, and two Qatari families.
The deadline for this acquisition is pressing, as Lukoil was sanctioned by the U.S. in early 2025 and has been searching for a buyer of its $20 billion worth of foreign assets since then. Competing with Boehly, Carlyle agreed to a deal with Lukoil, but it is still awaiting approval from Washington.
Written by urgent.news from Meduza (English)'s reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
