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Clearlake Capital

All articles tagged with #clearlake capital

Clearlake set to seize Chelsea control as Boehly and Walter weigh exit
business8 days ago

Clearlake set to seize Chelsea control as Boehly and Walter weigh exit

Chelsea’s co-owners Todd Boehly and Mark Walter are weighing selling their roughly 13% stakes to Clearlake Capital, which already holds a majority and would gain full control under the current agreement that blocks third‑party sales without partner consent. Fresh discussions have resurfaced amid a long-running strategic stalemate and plans for a new stadium, while Walter faces a US DOJ probe into undisclosed loans. If completed, Clearlake would hold around 86% of Chelsea; external sales are unlikely under the arrangement, freeing Clearlake to press ahead with ownership and stadium ambitions.

Saudi Arabia's Growing Influence on Chelsea's Players.
sports3 years ago

Saudi Arabia's Growing Influence on Chelsea's Players.

Speculation has arisen that Chelsea may be "cheating" football's financial fair play rules by selling their surplus stars for inflated fees to Public Investment Fund (PIF)-controlled Saudi Pro League clubs, which has invested with Chelsea's majority owner Clearlake Capital. PIF has recently bought majority stakes in the four biggest clubs in the Saudi Pro League, as well as pouring millions into other sports-related projects. Chelsea have declared their ultimate owners, but questions remain about whose money Clearlake is actually investing, which is where the questions about PIF come in.