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Business of Sport

Clearlake takes full control of Chelsea

Clearlake Capital took full control of Chelsea Football Club after buying the stakes held by chairman Todd Boehly, Mark Walter and Hansjörg Wyss, the BBC, Guardian and ESPN report. Boehly will leave his role following the deal. The reports do not state the transaction value, but confirm that the ownership group has consolidated under Clearlake.

Why it matters

The transaction ends Chelsea's split ownership and places strategic and financial responsibility for the club squarely with Clearlake.

Sources

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