Date:5th October 2022 at 10:00pm
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Chelsea are closing in on the purchase of a Brazilian football club that will see the club expand their influence in the current footballing landscape.

What’s the word?

That is according to journalist Simon Phillips, who has informed GIVEMESPORT of Todd Boehly’s plans to further invest in the Chelsea project.

Phillips also believes that Boehly has one eye on highly-rated Palmeiras prospect Endrick Felipe, in what could well be a gamechanging double purchase for his side.

The journalist understands that Chelsea are looking to buy a club in Brazil, with one of their primary reasons coming as a result of their interest in Endrick.

Speaking to GIVEMESPORT, Phillips said: “I know that they’re trying to get a Brazilian club and one of the main reasons is that they’re trying to buy Endrick Felipe. At the moment, they’ve got competition from Real Madrid and pretty much every other big club in Europe.”

A club-defining purchase

Since taking over from Roman Abramovich in May, buying the club for a fee of £4.25 billion as part of a consortium, the co-owner has not stopped thinking about how he can take the club forward.

The American is clearly passionate about the project at Chelsea, and if his summer transfer spree was not enough of an offering to the Blues faithful, the next couple of purchases should be more than enough.

In September, Boehly informed a conference that he was an admirer of the Red Bull Group and City Group’s respective multi-club models.

And it was reported by the Guardian just last week that the club had been turned down in their attempt to purchase Brazilian giants Santos, Neymar Jr’s former club.

Boehly has been impressive in his efforts to drive the club forward, and whether you agree or not with the morals surrounding the multi-club systems, they are an obvious way to build long-term dominance, especially with tighter rules around loan deals coming into play.

This could be the first step in what might be a gamechanging move for the club.