UK

Clearlake Capital close on buying out Chelsea co-owners Todd Boehly and Mark Walter

Deal would value club at around £5bnWalter is seeking to raise funds to pay off insurersChelsea’s majority owners, Clearlake Capital, are closing in on an agreement to buy out co-owners Todd Boehly and Mark Walter in a deal that would see the pair make a profit on their investment and value the club at around £5bn.On-off discussions between the two ownership groups over a potential sale have been taking place for the last two years, but intensified last month as…

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Source: www.theguardian.com

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