Showing posts with label Clearlake Capital. Show all posts
Showing posts with label Clearlake Capital. Show all posts

Tuesday, 18 August 2026

CHELSEA OWNERS WANT TO SELL IN LATEST TURBULENT TWIST AT STAMFORD BRIDGE

 

Cole Palmer is embraced by Chelsea chairman Too Boehly with Donald Trump watching on. Photo: Getty Images


The Telegraph in the UK is reporting that Chelsea co-owners Todd Boehly and Mark Walter are looking at selling their stakes in the Premier League club.

Their proposed sale to majority owner Clearlake Capital would value the London club at $9.5 billion and give the private equity company complete control at the club.

Currently, the pair, along with Hansjorg Wyss, own 12.8% each of the club.

Boehly is the chairman, but Clearlake, with Behdad Eghbali and Jose Feliciano in charge, call the shots at Stamford Bridge.

Boehly is arguably the most visible of Chelsea owners, and was the face of the bid that bought the club off Roman Abramovich four years ago in a $5 million deal, but his chairmanship is due to end at the end of the season.

According to the BBC, a rift within the ownership group, first rumoured in 2024, has led to the parties working out how to buy each other out. The future of Stamford Bridge and agreement on whether to move, or what that would look like, has been suggested as one of the sources of tension.

Should they successfully sell their stakes, the pair would each stand to pocket some $1.2 billion each.

It would be a dizzying period for Walter, co-owner and chief executive of global finance firm Guggenheim Partners, who sold the Los Angeles Lakers last week for a record $17.6 billion.

Xabi Alonso has been appointed to lead Chelsea on the park this term as they look to rebuild after a 10th placed finish last term, the latest twist in a turbulent four years under the American ownership. While Chelsea won the Club World Cup in 2025, they have chopped and changed managers without mounting a serious Premier League title chase.

The Athletic reports there is an ongoing United States Department of Justice investigation into Walters’ business dealings, while this Chelsea sale is not something that will be triggered imminently.

Meanwhile, off field discussions haven’t stopped Chelsea being active in the transfer market but the latest report suggests speedster Pedro Neto could be off to Al Hilal.

Sky Sports reports that Chelsea have put a $191 million price tag on the Portuguese winger if the Saudi Arabia club are serious in securing him.

- Football360.com.au

Monday, 16 March 2026

CHELSEA GIVEN BAN AND RECORD- BREAKING FINE FOR BREACHING PREMIER LEAGUE RULES

Chelsea have been handed an immediate transfer ban and record £10.75m fine by the Premier League after breaching their rules.

The rule breaks are in relation to three different areas - Financial Reporting, Third Party Investment and Youth Development.

The Premier League have concluded two separate disciplinary processes after Chelsea owners BlueCo, a consortium led by Clearlake Capital and Todd Boehly, voluntarily self-reported potential historical breaches of rules in 2022 under previous owner, Roman Abramovich.

Chelsea Transfer Bans Explained



Chelsea have been found guilty of making undisclosed payments by third parties associated with the club, including unregistered agents, players and other third parties.

After assessing a series of recalculations of the club’s historical financial submissions, the Premier League have given Chelsea a £10m fine - the biggest in Premier League history - and a suspended one-year first team transfer ban, which is suspended for two years.

The Premier League Board decided that the club’s proactive self-reporting, admissions of breach and exceptional cooperation throughout the investigation were key to them handing out an appropriate sanction.

The Premier League also investigated potential breaches of the Premier League's youth development rules, with a separate transfer sanction being agreed with Chelsea. They have received an immediate nine-month ban from registering academy players purchased from Premier League and EFL clubs, as well as a £750,000 fine.

Premier League Release Statement



The Premier League released a statement on Monday afternoon:

'The Premier League has concluded two separate disciplinary processes involving Chelsea Football Club, following the Club voluntarily self-report to bying potential historical breaches of rules.

'Two sanction agreements have been ratified by an independent Commission under which Chelsea FC has accepted fines totalling £10.75 million for breaches of the Premier League’s rules relating to Financial Reporting, Third Party Investment and Youth Development.

'The Club has been sanctioned by the Premier League with an immediate nine-month Academy Transfer ban and a suspended one-year first-team player transfer ban (suspended for two years).

'The Premier League has completed a disciplinary process with Chelsea FC in respect of historical breaches relating to Financial Reporting and Third Party Investment. In 2022, Chelsea FC’s current owners voluntarily reported to the League that they had evidence of potential breaches of Premier League Rules.

'As a result of the Premier League’s investigation, it was established that between 2011 and 2018, undisclosed payments by third parties associated with the club were made to players, unregistered agents and other third parties. These payments were not disclosed to the football regulatory authorities at the time, including the Premier League. The payments were made for the benefit of Chelsea FC and should have been treated as having been made by the club. The club has also accepted, among other things, that the making of these payments, as well as the failure to disclose them to the League, constituted a breach of the requirement to act in good faith towards the League.

The Premier League assessed a series of recalculations of the club’s historical financial submissions which took into account the payments made for the benefit of Chelsea FC. Importantly, having undertaken that assessment, the Premier League Board was satisfied that in no scenario would the club have breached the League’s Profitability and Sustainability Rules during the relevant periods, had the relevant payments been properly included in the club’s historical financial submissions.

'When considering the appropriate sanction, the Premier League Board noted that the club’s proactive self-reporting, admissions of breach and exceptional cooperation throughout the investigation acted as significant mitigating factors.

'The Premier League and Chelsea FC have now entered into a sanction agreement under which the club accepts a £10 million fine and a suspended one-year first team transfer ban (suspended for two years).

'In addition, the League also investigated potential breaches of the Premier League’s Youth Development Rules, committed by a former senior employee, relating to the club’s registration of Academy players between 2019 and 2022. This followed a further voluntary report by the club in 2025.

'As a result of this additional investigation, a separate sanction agreement has been entered into with Chelsea FC, under which the club has accepted an immediate nine-month ban from registering Academy players from Premier League and EFL clubs. The club will also pay a £750,000 fine.

'All sanctions will take effect immediately with the club also paying the full costs of the League’s investigation and disciplinary processes.

'In accordance with Premier League Rules, the sanction agreements with the club have been reviewed and approved by three members of the League’s independent Judicial Panel.

'A separate FA disciplinary process involving the club’s alleged breaches of FA Regulations arising out of similar conduct remains ongoing. In 2022, Chelsea FC also reported to UEFA the historic breaches which resulted in the CFCB First Chamber entering into a settlement agreement with the club. Chelsea FC paid a financial contribution of €10 million (£8.6 million).'

- James Beavis

Thursday, 11 September 2025

CHELSEA CHARGED WITH 74 BREACHES OF FA AGENT RULES FROM 2009 TO 2022 FROM 'SELF-REPORTED' TRANSFER PAYMENTS

The charges against Chelsea relate to payments to player agents between 2009 and 2022 [Isabel Infantes/Reuters]
 https://aje.io/ebr7sf


Chelsea have been charged with 74 breaches of the English Football Association's (FA) regulations on agents, intermediaries and third party ownership.

The FA said the charges relate to incidents between 2009 and 2022, when the club was owned by Russian billionaire Roman Abramovich, with the bulk of the alleged breaches taking place between the 2010-11 and 2015-16 seasons. In response Chelsea said they had been aware of "potentially incomplete financial reporting concerning historical transactions and other potential breaches of FA rules" during due diligence for the Clearlake Capital-led consortium in the spring of 2022. This was then reported to the FA upon completion of the sale.

The Blues have until September 19 to formally respond to charges which include breaches of regulations around the disclosure of the identity of agents involved in transactions. The FA's statement said: "The Football Association has today charged Chelsea FC with breaches of Regulations J1 and C2 of The FA Football Agents Regulations, Regulations A2 and A3 of The FA Regulations on Working with Intermediaries, and Regulations A1 and B3 of The FA Third Party Investment in Players Regulations.

"In total, 74 charges have been brought against Chelsea FC. The conduct that is the subject of the charges ranges from 2009 to 2022 and primarily relates to events which occurred between the 2010-11 to 2015-16 playing seasons. Chelsea FC has until 19 September 2025 to respond."

Chelsea will hope that their self reporting and cooperation with the FA investigation eases any potential sanction they could face. That all the offenses took place prior to the involvement of the US owners could also come into consideration. The Blues described themselves as having "shown unprecedented transparency" and that they were "pleased to confirm that [their] engagement with The FA... is now reaching a conclusion."

Their statement said: "Chelsea FC is pleased to confirm that its engagement with The FA concerning matters that were self-reported by the club is now reaching a conclusion.

"The club's ownership group completed its purchase of the club on 30 May 2022. During a thorough due diligence process prior to completion of the purchase, the ownership group became aware of potentially incomplete financial reporting concerning historical transactions and other potential breaches of FA rules. Immediately upon the completion of the purchase, the club self-reported these matters to all relevant regulators, including The FA.

"The club has demonstrated unprecedented transparency during this process, including by giving comprehensive access to the club's files and historical data. We will continue working collaboratively with The FA to conclude this matter as swiftly as possible. We wish to place on record our gratitude to The FA for their engagement with the club on this complex case, the focus of which has been on matters that took place over a decade ago."

- James Benge

Saturday, 7 September 2024

CHELSEA'S MAJORITY SHAREHOLDER CLEARLAKE CAPITAL NOT SELLING - SOURCES

Clearlake Capital board member Behdad Eghbali(Image: Glyn Kirk/IKImages/AFP/Getty Images)


Chelsea's majority shareholder Clearlake Capital are not interested in selling their stake amid suggestions of a power battle at the club, sources told ESPN.

A report by Bloomberg on Friday claimed that the Blues' most prominent shareholders are exploring options to buy each other out but sources close to the ownership have told ESPN that Clearlake are solely focused on providing long-term stability at Stamford Bridge.

Clearlake own 61.54% of Chelsea with the remaining 38.46% split between businessmen Todd Boehly, Mark Walter and Hansjorg Wyss.

Sources told ESPN that while relations between Boehly and Clearlake co-founder Behdad Eghbali have cooled in recent times, their relationship remains professional.

Sources suggested that no direct talks between any individual investor and Clearlake have taken place at time of writing but Clearlake are open to increasing their stake should the situation arise.

Boehly, Eghbali and Clearlake co-founder Jose E Feliciano have sign-off on all major decisions affecting the club.

The consortium completed their takeover in May 2022 after Chelsea were put up for sale following previous owner Roman Abramovich's sanctioning by the United Kingdom government for alleged ties to Russia President Vladimir Putin.

Boehly assumed a prominent role in the first summer following the change of ownership, operating as acting sporting director before the club appointed an executive team to lead Chelsea forward.

- James Olley, Senior Writer, ESPN FC

Friday, 3 May 2024

CHELSEA'S POCHETTINO CALLS FOR 'STUPID' EXIT RUMOURS TO STOP

Mauricio Pochettino expects to be in the Chelsea dugout next season despite the club's disappointing season. Darren Walsh/Chelsea FC via Getty Images


 Mauricio Pochettino has called for "stupid rumours" around his Chelsea future to stop and insisted he will see out the final year of his contract unless told otherwise by the club.

The 52-year-old has endured a tumultuous first season at Stamford Bridge with Chelsea scrambling to qualify for Europe next season, despite owners Todd Boehly and Clearlake Capital spending more than £1 billion ($1.25bn) on new players since their 2022 takeover.

Pochettino has faced chants to be sacked from disgruntled supporters -- who have also chanted the name of former coach José Mourinho -- but Thursday's 2-0 win over Tottenham leaves Chelsea just two points off seventh place, which would be enough to secure a Europa Conference League spot next term.

Speculation persists that Pochettino's job could be at risk and he told Sky Sports after beating Spurs that "it was difficult to see every single week that I am under scrutiny."

Pushed further on this issue, Pochettino said: "We were talking about the judgement at the end of the season, if I feel I am under scrutiny.

"That was the question from the people. But it is like [we have] to prove, after all these circumstances and all of this situation, that we deserve to be here next season. I say, "Who is going to judge me?

"I need to judge myself and all the players, and of course with all the circumstances [of the season].

"But I wanted to say that it is enough with these type of rumours. If I have one more year on my contract here, and no one says nothing, [I] suppose that I am going to be here. [That changes] only if we then finish the season and someone says to me, 'ciao.'

"Because we don't know at the moment. I suppose I have one more year on my contract and that I am going to be here. But enough about the stupid rumours. You need to ask the club if they want me to keep going or not -- not to write things that have no sense."

- James Olley, Senior Writer, ESPN FC

Thursday, 7 March 2024

CHELSEA PARENT COMPANY BLUECO ANNOUNCES 653 MILLION POUNDS NET LOSS

Reuters 


 Chelsea's parent company BlueCo 22 announced net losses of 653 million pounds ($832.71 million) after tax for the March 2022 to June 2023 period, while the Premier League club suffered 90.1 million pounds in losses before tax, company filings showed.

The consortium BlueCo, led by American Todd Boehly and Clearlake Capital, purchased west London outfit Chelsea in 2022 while in 2023 they also reached an agreement to become shareholders of French club Racing Strasbourg.

The loss for Chelsea in the 12-month period was lower than the 121.4 million pounds for the previous year.

The club also had increased matchday and commercial revenue after they operated without the government restrictions placed on them after Russia's invasion of Ukraine, when former Chelsea owner and Russian billionaire Roman Abramovich was sanctioned.

"Chelsea grew overall revenue to 512.5 million pounds, made profits on disposal of player registrations and fixed assets of 142.2 million pounds and increases in other income," the annual report said.

"This helped offset the increased operational costs seen in the year. This year saw an overall increase in turnover from 481.3 million pounds to 512.5 million pounds.

"Matchday revenue increased from 69.2 million pounds to 76.5 million pounds compared to the prior year," it added, with the average attendance at Stamford Bridge increasing to 40,002.

However, the men's team finished a disappointing 12th in the Premier League, resulting in a lower domestic broadcasting share. Broadcasting revenue fell 9.1 million pounds to 225.9 million pounds compared to the previous year.

Revenue also increased thanks to the women's team which won the Women's Super League and Women's FA Cup while they also reached the final of the Women's League Cup.

Commercial revenue rose 33 million pounds to 210.1 million pounds, with the club benefiting from a net increase in sponsorship income from new and existing partner renewals.

"Despite the loss in the year and the continued fallout from the sanctions placed on the club in the prior year, the club continues to comply with UEFA and Premier League financial regulations," Chelsea added.

($1 = 0.7842 pounds)

- Reuters