The English Premier League (EPL) football club, Chelsea's two major shareholders, Clearlake Capital and Todd Boehly, are reportedly exploring the possibility of buying each other out following internal disagreements.
Clearlake Capital, which owns 61.5% of the club, and Boehly, who shares the remaining stake with other investors, have clashed over the club’s strategy, leading to tensions within the ownership group.
Clearlake, a California-based private equity firm, and Boehly led the £2.5 billion (US$3.3 billion) acquisition of Chelsea in May 2022. Since then, Clearlake co-founder Behdad Eghbali has taken on a more active role in the club’s operations, especially after Boehly stepped down as interim sporting director in January 2023.
Disagreements have emerged over the club's recruitment policy, lack of on-field success, and delays in building a new stadium.
Despite heavy investment of over £1 billion (US$1.3 billion) in the transfer market, Chelsea has struggled to maintain the winning momentum established under former owner Roman Abramovich.
The club has also faced criticism for various decisions, including cutting travel subsidies for away fans.
Last week, Chelsea CEO Chris Jurasek resigned after just 15 months, further adding to the club's ongoing leadership instability.
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