Yahoo Sports Chelsea on the brink of ‘civil war’ as Todd Boehly eyes full takeover
Chelsea is on the verge of an internal ‘civil war’ amid reports that Todd Boehly wants to buyout his co-owners as part of a full takeover.
Relations between the American businessman and the club’s majority shareholders, Clearlake Capital, have reportedly broken down and are at ‘breaking point’.
Boehly believes that the current structure at the club has become ‘untenable’ and the growing divide between the Blues’ owners needs to be resolved, according to The Telegraph.
It’s said that the 50-year-old believes he can ‘quickly raise’ £2.5 billion to make an offer to Clearlake to buy out their shares in the west London outfit.
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Boehly wants to build a new stadium as part of his 20-30 year vision for Chelsea, but Clearlake are reportedly not interested in divesting their shares and would rather increase their stake.
As of yet there have been ‘no talks’ between Clearlake, Boehly or any of the club’s other investors about the possibility of selling shares, but that may change soon following these developments.
Clearlake was a part of an investor consortium named BlueCo that purchased the west London outfit from Roman Abramovich for £2.5 billion in 2022.
As part of the deal, they also committed a further £1.75bn for investing in the club, while £1.5bn has been spent on new signings.
The private equity firm, which is owned by Chelsea co-owners Behdad Eghbali and Jose E Feliciano, possess 61.5 percent of the shares, with the remaining 38.5 percent is split equally between Boehly, Hansjorg Wyss and Mark Walter.
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