Todd Boehly and Mark Walter consider selling Chelsea shares to Clearlake Capital
Chelsea chair Boehly and Walter each own about 13% Sale would give Clearlake effective control of club at 86% The Chelsea chair, Todd Boehly, and director Mark Walter are considering selling their shares in the club to the majority owners, Clearlake Capital, in a deal that would give the private equity company complete control at Stamford Bridge.
Clearlake, whose investment is managed by Behdad Eghbali and José E Feliciano, already owns more than 60% of Chelsea, but in an unusual arrangement agreed when buying the club from Roman Abramovich four years ago, they share operational control with a consortium led by Boehly, who along with Walter and Hansjörg Wyss each own about 13%.
Continue reading...
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.theguardian.com — the content belongs to The Guardian Sport.