Boehly and Walter in Talks to Sell Chelsea stakes in £5bn deal
Todd Boehly and Mark Walter are reportedly in discussions to sell their stakes in Chelsea to majority owners Clearlake Capital, with the club valued at more than £5 billion. According to talkSPORT, negotiations have intensified amid differences over the club’s strategic direction.
Boehly is expected to step down as Chelsea chairman at the end of the season under the original ownership agreement. The discussions also come amid disagreements over Chelsea’s recruitment strategy, multi-club model and plans for a potential new stadium. No agreement has been reached, but talks are understood to have gained momentum in recent weeks.
POPULAR
- Arsene Wenger’s ‘daylight’ offside trial unlikely to be extended after lack of support
- FG plans to eliminate lead-based paints in Nigeria by 2030
- Ebola outbreak may force postponement of 2027 elections — NCDC
- Tinubu seeks lawmakers’ approval for $20.52bn, €1.05bn external loans
- Flavio Bolsonaro flees Brazil…en route to United State
Rifnote
Loading your desk