Sep 10, 2024, 5:00 PM
Sep 6, 2024, 8:12 PM

Clearlake Capital considers buying Todd Boehly"s Chelsea shares amid tensions

Provocative
Highlights
  • Clearlake Capital aims to increase their stake in Chelsea to at least 75%.
  • Reports suggest tensions between Todd Boehly and Behdad Eghbali, but their relationship remains professional.
  • Clearlake has no plans to sell their stake and is focused on acquiring additional shares.
Story

Clearlake Capital, the majority shareholders of Chelsea, are looking to increase their stake in the club to at least 75%. This comes amid reports of tensions between Todd Boehly and Behdad Eghbali, although sources indicate that their relationship remains professional despite not being as strong as it was after the takeover two years ago. Boehly currently holds a 38.5% stake in Chelsea, which he shares with two other investors. Bloomberg reported that Boehly was considering ways to buy out Clearlake, who hold 61.5% of the club, but Mail Sport clarified that Clearlake has not engaged in any discussions with Boehly regarding a buyout. Instead, Clearlake is focused on acquiring the remaining stakes held by the other investors. The ownership structure of Chelsea changed significantly when Roman Abramovich was forced to sell the club due to geopolitical pressures following Russia's invasion of Ukraine. Clearlake Capital, alongside Boehly, took over the club during this tumultuous period. Eghbali, as the most involved owner, collaborates closely with sporting directors Paul Winstanley and Laurence Stewart, particularly as the club prepares for a busy summer transfer window. Clearlake's intention to remain at Stamford Bridge for the next decade indicates their commitment to the club's future, despite the ongoing tensions with Boehly.

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