UK

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…

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Source: www.theguardian.com

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