Chelsea set for £400m cash injection

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West London Club, Chelsea are set for a cash injection worth £400million, as the club intend to reinforce its finance.

The club has been on a spending spree since the change in ownership as they intend to boost the squad. However, there’s nothing much to show forth as the club sits on the 14th position in the Premier League presently.

According to The Mail, US firm Ares management will be funding the club.

There is however no indication yet as to how much of a stake in the club Ares would get through with such a financial expenditure.

Apart from spending funds on players, Chelsea are also looking to renovate their current 40,000-capacity Stamford Bridge home or relocate to a new stadium.