Big mess at Chelsea where Todd Boehly wants to make a buyout offer to the other co-owners of the club to take total control of the club.
The wealthy American businessman owns part of Chelsea, jointly with Clearlake Capital, which owns 61.5%. But relations between the two parties have reportedly deteriorated to the point of being at “breaking point”.
Major differences in the vision of the club’s management have emerged. Owners Behdad Eghbali and Jose E Felicianone, of Clearlake Capital, are no longer in agreement on the structure and the future of the club’s policies, just 2 years after their purchase of Chelsea from Roman Abramovich.
According to The TelegraphBoehly has indeed a vision for the club over 20 or 30 years. He wants to build a new stadium, when his associates had a vision for ten years and then a resale.
Todd Boehly wants to buy the club
Boehly believes he will be able to raise a little over 2.5 billion euros to buy out his partners’ shares and thus completely buy out Chelsea, with his 2 partners. Let us recall that Boehly and his 2 partners, Hansjorg Wyss and Mark Walter, hold 38.5% of the club in equal shares.
But things are not going to be that simple. Clearlake Capital does not want to sell its shares at all. In fact, it is the opposite, they could offer to buy back the shares of the Boelhy clan. This would cost the investment funds a little more than 1.5 billion euros. But this is not a problem for the group either.
One thing is for sure, the Blues do not need an internal war. After the dismissal of Mauricio Pochettino only a year after his arrival, after a last season already complicated despite huge investments, Chelsea is still facing a complicated period behind the scenes, which could affect the pitch.