Chelsea Football Club finds itself in a state of unrest as co-owner Todd Boehly navigates a challenging relationship with majority stakeholders Clearlake Capital.
The private equity firm, led by Behdad Eghbali and Jose E Feliciano, firmly holds 61% of the club’s shares and has expressed an unwillingness to sell, leaving Boehly with a stark choice: to exit or to stay.
Reports have emerged indicating that Boehly is keen on buying out Clearlake’s shares, but the firm is unyielding, showing a calm demeanor amidst the growing discord.
The American billionaire, who holds the title of club chairman, has distanced himself from everyday operations over the past year, reflecting a widening cultural divide in their management philosophies.
Since acquiring the club in 2022 following Roman Abramovich’s departure amid the Ukraine conflict, Boehly, Hansjorg Wyss, and Mark Walter collectively brought a fresh approach to Stamford Bridge, purchasing 13% stakes each while Clearlake acquired the bulk.
Their tenure has certainly been eventful, witnessing four managerial changes and over £1 billion spent on player transfers, which has drawn both attention and criticism.
The situation raises concerns of a potential internal struggle, with some media outlets speculating on a “civil war” brewing behind the scenes.
Yet, despite the tensions, sources maintain that the relationship remains professional.
