Todd Boehly and Mark Walter consider selling Chelsea shares to Clearlake Capital

• Chelsea chair Boehly and Walter each own about 13%

• Sale would give Clearlake effective control of club at 86%

The Chelsea chair, Todd Boehly, and director Mark Walter are considering selling their shares in the club to the majority owners, Clearlake Capital, in a deal that would give the private equity company complete control at Stamford Bridge.

Clearlake, whose investment is managed by Behdad Eghbali and José E Feliciano, already owns more than 60% of Chelsea, but in an unusual arrangement agreed when buying the club from Roman Abramovich four years ago, they share operational control with a consortium led by Boehly, who along with Walter and Hansjörg Wyss each own about 13%.

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from The Guardian https://ift.tt/v8eJDfw