Walter and Boehly Sell Chelsea FC Stakes for £950mn to Clearlake
UKPulse Sport Desk
Walter and Boehly have sold 25% of Chelsea FC to Clearlake for £950 million, a move that assists the financiers in raising funds.
- Walter and Boehly sold a 25% stake in Chelsea FC.
- The stake was sold to Clearlake for £950 million.
- The sale helps the financiers raise funds amid scrutiny of their insurance empires.
Walter and Boehly have completed the sale of a 25% stake in Chelsea FC to Clearlake for £950 million. This significant transaction sees a quarter of the football club change hands.
The deal reportedly aids the financiers in raising funds, particularly as their insurance empires are currently under scrutiny.