Over the weekend, reports emerged that the relationship between Chelsea’s co-owners Boehly and Clearlake Capital’s Behdad Eghbali had broken down beyond repair and that both parties were looking into ways to buy the other out.
It’s said that the relationship may not be as damaged as some have claimed but it is true that Boehly would be interested in becoming the sole owner of Chelsea.
Footyvalid understands that Chelsea’s civil war has led Clearlake Capital, the US private equity firm that owns a majority shareholding in the club, to consider buying out Todd Boehly or striking a deal with the billionaire that would remove his influence and keep him in little more than a ceremonial role.
According to reports, Clearlake Capital’s lead by Behdad Eghbali – view is that Todd Boehly should sell up or accept changes to Chelsea’s governance that would remove him from the board and strip him of any say over decisions in exchange for economic concessions.
Clearlake Capital feel that Todd Boehly should consider stepping down as Chelsea chairman. One of Clearlake’s main aims is for minority shareholders to have no say over governance.
Moreover, Todd Boehly, who wants to resolve the situation as soon as possible, is confident he has investors ready to provide the £2.5bn that could allow him to buy Clearlake’s 61.5% stake.
Sources told Footyvalid that the prospect of Todd Boehly agreeing to dissolve his power is understood to be non-existent
