🚨 🏦 The owners of Chelsea FC are considering increasing their borrowing by as much as £250m. Bank of America Corp. is advising them as they weigh taking on more debt under existing loan agreements. Chelsea’s owners already had £800m in loans in place, with the option of taking the limit on these to £1.05b, one of the people said. Chelsea’s owners already had £800million in loans in place, with the option of taking the limit on these to £1.05billion. Just last week, Chelsea had raised £500million of subordinated debt from US lending giant Ares Management Corp. in a separate transaction #football #Chelsea #cfcnews360