Clearlake close in on buying out Boehly and Walter at Chelsea

Chelsea's majority owners are nearing a deal to take full control, valuing the club at around £5bn.

Who

Clearlake Capital

What

Buyout of Boehly and Walter

Club

Chelsea

Valuation

Around £5bn

What happened. Clearlake Capital are closing in on an agreement to buy out Chelsea co-owners Todd Boehly and Mark Walter. The deal would value the club at around £5bn and see the pair make a profit on their investment.

Talks between the ownership groups have taken place over the last two years.
Discussions intensified last month after Mark Walter sought funds to pay off insurers.
Walter's move followed a US federal investigation over alleged tax fraud.

If completed, the buyout would give Clearlake Capital full control of Chelsea and end the shared ownership arrangement.

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