Chelsea’s ownership is a hot topic of conversation again after it emerged that Todd Boehly was hopeful of completing a full takeover of the club.
Currently, Clearlake Capital owns a 61.5 per cent stake in the Blues and football.london understands they have no intention of leaving Stamford Bridge at this stage. The investment company’s co-founder Behdad Eghbali is thought to be relaxed by the prospect of Boehly wanting to complete a full takeover.
At the moment, there is thought to be only two options on the table for Boehly. He must either stick with what he has currently got or sell his stake in the club to Clearlake Capital.
But who is this firm that holds such a powerful position at Stamford Bridge, FL has taken a closer look.
What is Clearlake Capital?
Clearlake Capital was founded in 2006 and operates as a private investment firm. This basically means they invest in either private companies or buyout public businesses to increase their wealth.
According to their website, their investments are spread across ‘private equity, credit and other related strategies’. It is clear to note that private investment firms only buy businesses which they feel will make them money or else their organisation will not function.
Where else does Clearlake Capital invest?
On their list of current investments, Chelsea appears to be the only sports club that Clearlake invests in unlike Todd Boehly who is also the owner of LA Dodgers and LA Sparks. Other businesses currently invested in by the firm include; Wellness Pet Company, Sports and Entertainment firm VictoryLive and Discovery Education.
A full list of their current investments can be found here.
How much is Clearlake Capital worth?
Clearlake Capital’s worth is valued by how much its portfolio is worth. This currently sits at more than £61bn.
It was founded by Behdad Eghbali and Jose Feliciano who are both involved in Chelsea. According to Forbes, both men have a net worth of $4.4bn (£3.35bn).
