• Football
  • Boxing
  • UFC
  • Home
  • Football
    • England
    • Transfer News
    • Premier League
    • Champions League
    • Lionel Messi
    • Cristiano Ronaldo
    • EA FC 25
    • Wrexham
  • Boxing
    • Tyson Fury
    • Anthony Joshua
    • Oleksandr Usyk
    • Mike Tyson
    • Jake Paul
    • Logan Paul
  • UFC
    • Dana White
    • Conor McGregor
    • Khabib Nurmagomedov
    • Jon Jones
    • Paddy Pimblett
    • Joe Rogan
  • Other Sport
    • Athletics
    • Formula 1
    • MMA
    • Motorsport
    • NBA
    • Darts
    • NFL
    • Snooker
    • Wrestling
    • Tennis
    • Cricket
    • Golf
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Chelsea plunged into 'civil war' chaos as Todd Boehly ownership situation takes fresh twist

Home> Football> Football News> Chelsea

Updated 15:12 7 Sep 2024 GMT+1Published 15:13 7 Sep 2024 GMT+1

Chelsea plunged into 'civil war' chaos as Todd Boehly ownership situation takes fresh twist

Chelsea's ownership situation is on the verge of 'civil war'

Marcus Banks

Marcus Banks

Chelsea’s ownership situation has taken a fresh twist with the club reportedly on the verge of a ‘civil war’ in the boardroom.

Reports emerged on Friday evening that Chelsea’s main shareholders were ‘exploring their options’ after just two years in charge of the club.

California-based private equity firm Clearlake Capital and Todd Boehly led a consortium who completed a takeover of the London club from Roman Abramovich for a reported fee of £4.2billion.

After a frantic summer transfer window, Bloomberg reported relations between Clearlake and Boehly had deteriorated to a point where both parties are attempting to buy each other out.

Advert

Despite the rift, both Clearlake and Boehly are said to be totally committed to the club and working together in a professional manner but a new report from The Telegraph has shed new light on the club’s current situation.

Boehly and his partners are said to have the resources to fund a full takeover of the club but Clearlake are adamant they will NOT sell any shares.

Boehly is reportedly ready to raise over £2.5bn which would represent a profit for Chelsea’s majority shareholder.

Clearlake view their investment in Chelsea as a decade-plus commitment whereas Boehly sees his vision for the London club over a 20 to 30-year period.

Both parties are eager to increase their stake in the club and there is said to be no prospect of Boehly selling his stake alone to Clearlake meaning Hansjorg Wyss and Mark Walter, who own 38.5% alongside Boehly, would also need to be bought out for a profit.

There is a power struggle at Chelsea (Getty)
There is a power struggle at Chelsea (Getty)

Furthermore, Clearlake and Boehly both have matching rights and blocking options if either side put their stake up for sale.

The report adds if nothing changes in the ownership situation, there is a danger of a civil war breaking out that could be incredibly damaging for the Blues on and off the pitch.

While the relationship currently remains professional, there are differences between the stakeholders over the direction and culture of the club that are viewed as irreconcilable.

Chelsea have spent over £1bn in the transfer market since the takeover in 2022, with five different managers taking charge in that timeframe.

SPORTbible have reached out to Chelsea FC for comment.

Featured Image Credit: Getty

Topics: Chelsea, Todd Boehly, Clearlake Capital, Roman Abramovich

Marcus Banks
Marcus Banks

Marcus Banks is a social media editor for SPORTbible. He previously worked for publications such as the Liverpool Echo, Daily Mirror, Manchester Evening News and Dexerto. Specialises in football and MMA.

X

@MarcusBanksX

Advert

Advert

Advert

Choose your content:

8 hours ago
9 hours ago
  • Getty
    8 hours ago

    Gianni Infantino Hints At Drastic FIFA rule Change Amid Calls For Israel Ban

    Gianni Infantino believes a FIFA rule change could be the way forward as he answered a question about banning Israel.

    Football
  • Getty
    8 hours ago

    Raheem Sterling Left Club 'Rubbing Their Eyes' After Seeing His Offer to Them

    Raheem Sterling left Chelsea in January.

    Football
  • Getty
    9 hours ago

    Fans Stunned By What Crystal Palace Posted To Announce Jorgen Strand Larsen

    Crystal Palace have been extremely busy on transfer deadline and splashed out £48 million on Jorgen Strand Larsen.

    Football
  • Getty
    9 hours ago

    Lionel Messi Opens Talks for Stunning Move With 'No Away Games' Clause

    Lionel Messi has been linked with a move away from Inter Miami.

    Football
  • Footage of Jadon Sancho training for Chelsea emerges online and it's gone viral
  • Stunning report claims Todd Boehly is ‘considering his options’ as Chelsea owner after just two years in charge
  • Raheem Sterling transfer saga takes fresh twist as Chelsea star faces race against time to find new club
  • Mauricio Pochettino 'involved in awkward moment' Chelsea owner Todd Boehly after Carabao Cup final defeat