Clearlake hopes to buy out Todd Boehly or remove his power in Chelsea civil war
* Majority owner Clearlake adamant it has no plans to sell
Chelsea’s civil war has led Clearlake Capital, the US private equity firm that owns a majority shareholding in the club, to consider buying out Todd Boehly or striking a deal with the billionaire that would remove his influence and keep him in little more than a ceremonial role.
The atmosphere in Chelsea’s boardroom has deteriorated since the weekend and Boehly, who wants to resolve the situation as soon as possible, is confident he has investors ready to provide the £2.5bn that could allow him to buy Clearlake’s 61.5% stake. Continue reading...
