tldrdailynews.com logo

Clearlake Takes Full Control of Chelsea as Boehly and Walter Exit

1 min read
Source: The Guardian
Clearlake Takes Full Control of Chelsea as Boehly and Walter Exit
Photo: The Guardian
TL;DR

Clearlake Capital completes a full ownership transition of Chelsea FC, buying out Todd Boehly and Mark Walter while Hansjörg Wyss remains a stakeholder. Boehly steps down as chairman; Clearlake commits to continuing investments in the club’s infrastructure, sporting programs and leadership, with daily operations unchanged, as Xabi Alonso starts his managerial role and Chelsea sit sixth in the Premier League.

Topics:sportssports-business#chelsea-football-club#clearlake-capital#mark-walter#ownership-transition#sports-business#todd-boehly
Share this article
  1. Boehly and Walter sell Chelsea shares as Clearlake Capital takes full control of club  The Guardian
  2. Boehly, Walter sell Chelsea stakes as Clearlake takes full control  ESPN
  3. Chelsea: Clearlake Capital acquires full control as Todd Boehly, Mark Walter and Hansjorg Wyss sell stakes  BBC
  4. Chelsea chairman Todd Boehly to leave role after selling ownership stake  news.sky.com
  5. Mark Walter and Todd Boehly sell Chelsea FC stakes to Clearlake for £950mn  Financial Times

Want the full story? Read the original reporting

Read on The Guardian