Naman Ramachandran A consortium led by Todd Boehly, chair and CEO of Eldridge, and Clearlake Capital Group, L.P. completed the £4.25 billion ($5.3 billion) acquisition of soccer team Chelsea Football Club on Monday.
The consortium also includes Hansjörg Wyss, founder of the Wyss Foundation, and Mark Walter, co-founder and CEO of Guggenheim Capital.
Walter and Boehly are owners of the Los Angeles Dodgers, the Los Angeles Lakers, and the Los Angeles Sparks. The transaction has received all necessary approvals from the U.K.
government, the Premier League, and other authorities.Under the terms of the agreement, Boehly and Clearlake will share joint control and equal governance of the Club.
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