Consortium led by Todd Boehly and Clearlake Capital completes acquisition of Chelsea

Added at:

The consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced completion of the ownership transfer of Chelsea Football Club (“Chelsea FC” or “the Club”).

The consortium also includes Hansjörg Wyss, founder of the Wyss Foundation, and Mark Walter, co-founder and CEO of Guggenheim Capital. Walter and Boehly are owners of the Los Angeles Dodgers, the Los Angeles Lakers, and the Los Angeles Sparks. The transaction has received all necessary approvals from The Government of the United Kingdom, The Premier League, and other authorities.

Under the terms of the agreement, Boehly and Clearlake will share joint control and equal governance of the Club. Boehly will serve as Chairman of the holding company.

According to Sky Sports, Todd Boehly-led consortium have committed £4.25bn to purchase the club - a record for a sports team.

Sport News RSS - Sport News - Terrikon

30 January

00:07
All Qualified Teams for the 2024-25 UEFA Champions League Knockout Stage

29 January

19:59
London Clubs Fight for Bayern Forward Mathys Tel
19:33
Real Madrid Rejects Saudi Arabia's Huge Bid for Vinícius Jr
19:10
Steven Gerrard Departs Al-Ittifaq Due to "Personal Reasons"
18:04
Barcelona Set to Return to Camp Nou for the Biggest Match of the Season
16:33
Wolverhampton in Talks to Sign Volodymyr Brazhko from Dynamo Kyiv
14:29
West Ham Respond to Shakhtar's Attempt to Sign Luis Guilherme
12:31
La Liga Prepares Legal Action Against Barcelona Over Olmo and Víctor Registrations
09:12
Arsenal Defender’s Red Card Overturned After Appeal
08:33
Rúben Amorim’s First Signing: Patrick Dorgu To Join Manchester United
08:20
Champions League Group Stage Concludes Today

28 January

15:30
Neymar’s European Comeback Plan Revealed
14:45
Borussia Dortmund to Miss Felix Nmecha in UCL Clash Against Shakhtar
14:15
Lyon Parts Ways with Pierre Sage and Eyes Paulo Fonseca
08:20
Malinovskyi's Team on the Up: Genoa vs Monza Match Highlights

27 January

21:11
Tottenham Stands by Postecoglou Despite Ongoing Crisis
20:47
Official: Luis de la Fuente Extends Contract with Spain Until 2028
18:22
Jota Rejoins Celtic
15:48
Botafogo Eyes Successor for Arthur Jorge – Benítez, Martino, and Matos Among Candidates
15:24
Marmoush Leads the List: The Biggest Deals of the Winter Transfer Window
14:31
NBA: Oklahoma Defeats Portland in the Only Game of the Day – Watch Highlights
12:38
Khvicha Kvaratskhelia: PSG Coaches Will Push Me to Work Even Harder
11:41
Hansi Flick Falls Just Short of Legendary Helenio Herrera's Record
11:22
Shevchenko Among Top 17 Football Stars Who Returned to Their Boyhood Clubs
10:59
The Pressure Monster: Teammates Sign Commemorative Ball for Mbappé