Clearlick Capital Nears 99.9% Chelsea Stake

Clearway Capital is nearing the acquisition of a 99.9% stake in Chelsea Football Club following an agreement with the club's chairman and two investors. This marks the end of a four-year partnership that began when the club was purchased for £2.5 billion in 2022. The deal includes the investors' decision to sell their 38.5% share, which increases the stake owned by Bahadad Iqbal from 61.5% to 99.9%. This move comes amid ongoing tensions between Iqbal and Todd Boehly, who was the driving force behind the sale process and will be departing the club once this agreement is finalized. The period was marked by a turbulent chapter that saw the club win the FIFA Club World Cup, finish tenth in the Premier League, and face sanctions from the European Union for breaching financial regulations.

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