Chelsea Backers Clearlake, Boehly Said to Mull Ownership Options

Sept. 6, 2024, 6:25 PM UTC

Chelsea FC’s main shareholders are exploring their ownership of the English Premier League football club after little more than two years in charge, amid a deterioration in relations, people familiar with the matter said.

California-based private equity firm Clearlake Capital — Chelsea’s majority owner — and US businessman Todd Boehly are assessing whether they can potentially buy each other out, according to the people.

The relationship between Clearlake co-founder Behdad Eghbali and Boehly, who together led a hard-fought takeover of Chelsea in 2022, has deteriorated in recent months, according to the people, as a period of heavy spending ...

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