Clearlake Capital is closing on a Chelsea buyout, acquiring the stakes of Todd Boehly and Mark Walter to take control of the club. The firm has built a diverse, growth-focused portfolio across tech-enabled industries and financial services.
US private equity firm Clearlake Capital has moved close to buying Todd Boehly and Mark Walter’s stakes in Chelsea, valuing the club at about £5bn. The deal follows Mark Walter’s attempt to raise cash to repay insurers amid a US federal tax-fraud investigation; Clearlake already controls day-to-day operations and will obtain full ownership if partners consent.