The growing divide among Chelsea’s ownership group might actually be a real thing, with the latest reports painting a fairly bleak picture of the working relationship — which may remain professional but is at a “breaking point”.
That’s apparently what Todd Boehly himself “believes”, according to The Telegraph, due to “irreconcilable differences in opinion over the direction of travel and culture of the club” between himself (and his fellow minority stakeholders Mark Walter and Hansjörg Wyss) and majority owners Clearlake Capital.
It would appear that the only amicable way forward will be for one side to buy out the other, and while we had assumed that Clearlake were the only ones in position to actually be able to do so, the report claims that Boehly could also raise the “more than £2.5 billion” it would take to make Clearlake go away.
In fairness, Boehly did put together this current consortium in the first place, so perhaps it’s not at all beyond him to do so again — though he might face a similar dilemma later once again. But neither side appear to be at a point where they would consider a sale, which could complicate matters even further.
Exclusive: Todd Boehly believes his relationship with Clearlake is at breaking point. Situation said to be untenable. Co-owners want to buy each other out. Chelsea on the brink of civil war #CFC https://t.co/9FZB1Vt210
— Matt Law (@Matt_Law_DT) September 7, 2024