Sports
Clearlake Capital Takes Full Control of Chelsea FC After Buying Out Todd Boehly and Partners
Reported by Aditya Chauhan (Staff Writer) · Google News - UK Sports ·
✓ — also reported by BBC Sport
Clearlake Capital has taken full control of Chelsea Football Club after buying out the shares held by Todd Boehly, Mark Walter, and Hansjorg Wyss. Mark Walter and Todd Boehly sold their stakes in the Premier League club to Clearlake for 950 million pounds. With this ownership change, Chelsea chairman Todd Boehly is set to leave his role at the club. The multi-million pound buyout follows a feud between the co-owners, leading Clearlake Capital to consolidate its complete hold over the team's operations and future direction.
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