Everything You Need To Know About The New Owner Of Chelsea FC
Chelsea Football Club, known as “the Blues,” is a professional football team based in London, England. Founded in 1905, the club plays its home games at Stamford Bridge.
Chelsea has become one of the most successful clubs in English football, winning numerous trophies, including six top-flight titles and two UEFA Champions League titles.
The club is famous for its passionate fans and has had many star players. Chelsea’s success has made it one of the world’s most valuable and most supported teams.
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Who Is The New Owner Of Chelsea FC?
The new owner of Chelsea FC is a group called BlueCo, which is a team of investors that took over the club in 2022. This group includes well-known names like Todd Boehly, the chairman and CEO of Eldridge Industries, and Clearlake Capital, a major investment company.
Other notable members of BlueCo are Mark Walter, a businessman who co-founded Guggenheim Partners, and Hansjörg Wyss, a Swiss billionaire known for his philanthropic work.
Together, they formed BlueCo as a holding company to manage Chelsea FC and other sports investments. Before BlueCo bought Chelsea, the club was owned by Russian businessman Roman Abramovich.
However, after the Russian invasion of Ukraine in early 2022, Abramovich faced sanctions from the British government and other Western nations.
This made it impossible for him to continue running the club, so he had to sell it. In May 2022, BlueCo stepped in and made a deal to buy Chelsea for £4.25 billion.
The British government and the Premier League approved the sale, and it was finalized on May 30, 2022. BlueCo has big plans for Chelsea.
After the purchase, they promised to invest £1.75 billion into the club. This money will go toward improving Stamford Bridge, the team’s famous home stadium, as well as upgrading the academy, the women’s team, and their home stadium, Kingsmeadow.
They also plan to support the Chelsea Foundation, which is the club’s charity branch. This shows that BlueCo is committed to not only keeping Chelsea successful on the pitch but also strengthening its community and youth programs.
In 2023, BlueCo expanded its sports ownership by buying another football club, RC Strasbourg Alsace, in France’s Ligue 1. They paid about €75 million to gain full control of the club.
This shows that BlueCo is looking to create a network of teams across Europe, which could bring new opportunities for sharing players and resources between Chelsea and Strasbourg.
Under BlueCo’s leadership, Chelsea aims to remain one of the top football clubs in the world. As a fan, you can expect massive changes and investments to keep the team competitive in England and Europe.
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Who Owns The Majority Of Chelsea FC?
Chelsea FC, one of the most famous football clubs in the world, is owned by a group of investors. The largest part of the club, about 61.54%, is owned by Clearlake Capital, a private equity firm based in Santa Monica, California.
The rest of the ownership is shared among three businessmen: Todd Boehly, Mark Walter, and Hansjörg Wyss, who together hold 38.46% of the club.
Clearlake Capital is a big company that specializes in investments in different industries like technology, consumer goods, and industrial sectors.
The firm was founded in 2006 and has grown to become one of the top private equity firms globally. It played a big part in the purchase of Chelsea FC in 2022 when the club was sold after the previous owner, Roman Abramovich, was sanctioned.
The purchase was part of a deal worth approximately $3 billion, completed through an investor group called BlueCo, co-led by Clearlake Capital and Todd Boehly.
Although Clearlake Capital holds the majority ownership, the club’s governance is shared equally between Clearlake and Todd Boehly.
This means that decisions about how the club is run are made jointly, ensuring balanced input from all key stakeholders.
Boehly, a well-known American businessman, is also the face of the group and serves as a key public figure for Chelsea’s management.
He has been involved in various sports investments, including part-ownership of the Los Angeles Dodgers baseball team. The other two minority owners, Mark Walter and Hansjörg Wyss, also bring massive experience to the group.
Walter is a co-owner of the Los Angeles Dodgers alongside Boehly, while Wyss is a billionaire businessman from Switzerland known for his philanthropic work and investments in various sectors.
Since taking over, the new ownership group has made notable investments in the team, including spending heavily on players and infrastructure to improve Chelsea’s competitiveness. The focus has been on long-term growth, with plans to improve the club’s performance both on and off the pitch.
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How Many Percent Of Chelsea Does Boehly Own?
Todd Boehly owns 13% of Chelsea Football Club. The largest share, however, belongs to Clearlake Capital, a private equity firm based in the United States, which holds a 61.5% stake in the club.
Despite being a minority shareholder, Boehly has been an integral part of the management of the team since the consortium, including Clearlake Capital, acquired Chelsea in 2022. Todd Boehly is a prominent American businessman and investor.
He is the co-founder, chairman, and CEO of Eldridge Industries, a private investment firm that holds interests in different industries, including finance, sports, entertainment, and technology.
Boehly was born on September 20, 1973, in the United States and graduated from the College of William & Mary with a degree in finance.
He also studied at the London School of Economics. Boehly’s career began in finance, working with companies like Credit Suisse First Boston and Guggenheim Partners.
At Guggenheim, he helped expand the firm’s asset management and credit businesses. In 2015, he founded Eldridge Industries, using assets acquired from Guggenheim to create a diversified investment portfolio.
Under his leadership, Eldridge has invested in different sectors, including media, technology, sports, and real estate. Sports ownership is one of Boehly’s most prominent ventures.
He owns stakes in multiple sports teams, including the Los Angeles Dodgers, the Los Angeles Sparks, and esports organization Cloud9. His part in acquiring Chelsea Football Club in 2022 was a notable milestone in his career.
Along with Clearlake Capital, Boehly and his consortium, known as BlueCo, purchased the club from Russian billionaire Roman Abramovich for a reported £4.25 billion.
Kenneth is a an avid soccer follower, fan and writer. He is a consistent follower of the sport and is a fan of Chelsea FC.
