American businessman, investor and philanthropist; co-founder and CEO of Eldridge Industries
Chelsea have completed the seven-year signing of Valentin Barco from Strasbourg, adding a versatile left-back/midfielder to the squad. Barco, 21, has progressed from Brighton to Strasbourg, and is joining Chelsea ahead of the 2026-27 season as part of a busy summer of recruitment under manager Xabi Alonso.
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.
Shakhtar Donetsk has secured four home fixtures in the Champions League main phase, but cannot play in Ukraine for security reasons due to the ongoing Russian invasion. The club will host matches at Chelsea’s Stamford Bridge, subject to UEFA approvals, with the draw to decide opponents next week in Monaco. Shakhtar’s true home remains Ukraine, and the arrangement follows sanctions affecting ownership and prior conflict in Donetsk.
The FIFA president has faced mounting criticism after reports that he abandoned plans to back private investment for FIFA tournaments. European bodies and fans demand his resignation; a petition is attracting support across confederations as governance reforms are called for.
Chelsea have been fined for secret payments to agents in a period 2011-2018. Mauricio Pochettino argues Chelsea should have been stripped of titles and the Premier League crown should go to the team that finished second in 2016-17, Tottenham, given the breaches. Pochettino’s comments come as Chelsea’s punishment is enforced and ongoing scrutiny of City’s charges continues.
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.
The reports describe a complex deal overseeing Lukoil assets that could span oil fields, refineries and gas stations worldwide. The White House and Kremlin must approve, and figures linked to Kushner and Boehly are involved, signaling a high-stakes balance between diplomacy and energy interests.