Chelsea owner Todd Boehly eager for urgent ‘resolution’
- sky sports 2024/09/08 07:56
- 0 0
Clearlake Capital and Boehly completed a £4.25 billion takeover of the club in 2022. However, tensions have been rising between the stakeholders amid the men's team's poor performances on the pitch. It has been reported that Clearlake Capital, who are owned by Behdad Eghbali and Jose E Feliciano, are looking to buy out Boehly's stake in the club - with the 50-year-old keen to become a majority shareholder too.
The Guardian has now reported that Boehly is eager for a solution to be reached as soon as possible with tensions continuing to simmer in the boardroom. Under the terms of the takeover agreement, the American would not be permitted to sell to a third party without Clearlake's permission. But Boehly is refusing to be forced out, though he recognises that the management structure at the club in untenable.
Clearlake Capital are said to be on a similar footing to Boehly. The American private equity firm holds a 61.5% stake and considers the investment to be a long-term one, so it will not be ready to sell shares.
A solution to this boardroom conflict will be difficult to find. Chelsea fans will be hoping that the unrest does not affect performances on the pitch, as the men's side looks to improve on successive disappointing seasons and the women aim to defend their WSL title.
This article mentions
Related News
Victor Osimhen transfer to Chelsea is OFF
19 days ago
Victor Osimhen's relationship with Napoli 'completely broken'
19 days ago
'Chelsea have absolutely had us' - Man Utd fans are raging after Mason Mount's latest setback
20 days ago
Arsenal consider last-minute move for Raheem Sterling
20 days ago
Maresca: We lost a little bit of confidence
20 days ago
Servette 2-1 Chelsea (agg: 2-3): Blues survive Swiss scare to book Europa Conference League berth
20 days ago
A week after their initial triumph at Stamford Bridge, Chelsea aims to secure their spot in the Europa Conference League group stages by overcoming Servette in Switzerland.
21 days ago
Mike Penders to Chelsea, here we go!
22 days ago
Chelsea transfer news: Blues 'make first official offer' for forward
22 days ago
'Shots fired' - Chelsea legend John Obi Mikel defends his Nicolas Jackson criticism
23 days ago
0comments
No comments available