sportbible homepage
sportbible homepage
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • LADbible
  • Tyla
  • FOODbible
  • UNILAD Tech
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

google discoverFollow us on Google Discover

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

Recommended reads

F1 and F3 trainer reveals gruelling physical and mental work drivers must do for each race ahead of British GPGettyDavid Croft proposes new Olympic sport with drivers from 'around the world' ahead of British GPGetty'Mo Salah owes me money!' - Micah Richards makes claim about Egypt icon 11 years on from gesture GettyThierry Henry on his ‘big brother’ France teammate, biggest influence and the discipline that defines himGetty Images

Advert

Choose your content:

27 mins ago
an hour ago
2 hours ago
  • Getty
    27 mins ago

    Folarin Balogun red card saga takes fresh twist hours ahead of USA vs Belgium

    Balogun's initial one-match ban has been suspended by FIFA ahead of USA's World Cup last 16 clash against Belgium.

    Football
  • Getty / BBC
    an hour ago

    Wayne Rooney delivers furious on-air rant after Folarin Balogun red card suspended

    Rooney was not happy with FIFA's decision to suspend United States striker Balogun's red card.

    Football
  • Getty
    2 hours ago

    World Cup team to appeal referee decision after seeing Folarin Balogun red card suspended

    FIFA have sparked more appeals

    Football
  • Getty
    2 hours ago

    Mexico star rushed to hospital immediately after England defeat with horror injury

    A Mexico player suffered a horror-looking injury against England in their 3-2 World Cup last 16 defeat.

    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