Search results
Results from the WOW.Com Content Network
BlueCo is a consortium led by Todd Boehly, Clearlake Capital, Mark Walter, and Hansjörg Wyss. [1] The group was formed as the investment vehicle for the takeover of Premier League football club Chelsea F.C. in 2022. Its name is derived from the home colour of Chelsea, its flagship football club, and acts as the club's parent company.
On May 30, 2022, an investor consortium named BlueCo co-led by Clearlake and Todd Boehly acquired Chelsea F.C. for $3 billion. [ 3 ] [ 5 ] [ 6 ] [ 7 ] Clearlake, which owns about 60% of Chelsea, would share joint control and equal governance of the club with Boehly.
On 7 May 2022, Chelsea Football Club confirmed that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjörg Wyss, to acquire the club. [1] On 25 May 2022, the British government approved the £4.25 billion Todd Boehly-led consortium takeover of Chelsea. [ 2 ]
For premium support please call: 800-290-4726 more ways to reach us
In 2019, Boehly made an attempt to buy the English football club Chelsea for $3 billion, but the owner at the time, Russian billionaire, Roman Abramovich, rejected the takeover bid. [59] In March 2022, alongside Mark Walter , Hansjörg Wyss and Clearlake Capital , he launched a bid to buy the club from Abramovich, who had announced an intention ...
Chelsea has announced pre-tax losses of 90.1 million pounds ($114.8 million) in the English Premier League club's first year under U.S. owners Todd Boehly and Clearlake Capital. Chelsea said on ...
Alphabet Inc's Google has agreed to pay more than $2 billion for New York City's Chelsea Market building, the Real Deal reported on Tuesday.
Although the UK government froze Abramovich's assets in the United Kingdom on 10 March [68] due to his "close ties with [the] Kremlin", it was made clear that the Chelsea club would be allowed to operate in activities which were football related. [69] On 12 March, the Premier League disqualified Abramovich as a director of Chelsea. [70]