The American private equity firm financing the preferred bid to buy Chelsea Football Club will take a reduced stake in the Blues under a restructured deal that it wants to finalise within days.
Sky News has learnt that Clearlake Capital is expected to own approximately 60% of Chelsea’s shares if the consortium spearheaded by Todd Boehly, the LA Dodgers part-owner, can strike a definitive agreement with Roman Abramovich and his advisers.
News of the revised deal comes amid speculation that the club’s sale could be jeopardised by uncertainty over the fate of a £1.54bn loan owed by the club’s parent company, Fordstam, to Camberley International Investments – a vehicle also associated with the oligarch.
Read more: Sky News