Breaking
4 views

Chelsea’s boardroom rift: if Boehly goes who will Clearlake have left to blame? | Sam Cunningham

Despite another reset with a new manager and fresh strategy, the boardroom drama persists at Stamford Bridge Perhaps, in hindsight, it was always going to end this way. As some of the world’s wealthiest investors…

Chelsea’s boardroom rift: if Boehly goes who will Clearlake have left to blame? | Sam Cunningham

Despite another reset with a new manager and fresh strategy, the boardroom drama persists at Stamford Bridge Perhaps, in hindsight, it was always going to end this way. As some of the.

Despite another reset with a new manager and fresh strategy, the boardroom drama persists at Stamford Bridge

Perhaps, in hindsight, it was always going to end this way. As some of the world’s wealthiest investors scrambled to find funds after Vladimir Putin’s invasion of Ukraine set a series of dominoes toppling that forced Roman Abramovich to sell Chelsea, it threw together some unexpected allies.

Todd Boehly became the public face of the winning bid, convincing US sports mogul Mark Walter and Swiss businessman Hansjörg Wyss to join as 12.8% minority investors. Private equity firm Clearlake Capital put in 61.6% , bringing owners Behdad Eghbali and José E Feliciano, who made their fortunes investing in tech, into the leadership fold.

Continue reading...
The Guardian Verified Source

Syndicated via official news feed

Explore all Breaking stories

Syndicated feed content with full publisher credit.

Breaking Desk

More in Breaking

Continue reading verified coverage and related developments on this desk.

View All

More from Breaking

Latest developments and reports from the desk

All stories →