Mark Walter: Last News

Manchester United should the club be put up for sale - and he has plenty of funds to make that a reality. The chemical engineer and businessman, who is the CEO of Ineos, is a supporter of the Red Devils despite being a season-ticker holder at Chelsea - and is already the owner of FC Lausanne-Sport and Ligue 1 outfit Nice.

The Los Angeles Dodgers have officially announced that Shohei Ohtani has been signed to a 10-year contract with the team.

The Los Angeles Dodgers made a $1 million donation to the Elton John AIDS Foundation last night during the penultimate show of his final North American tour.

Chelsea owner Todd Boehly has admitted he had no idea who the Blues were when he was growing up in the United States.The American billionaire has completed his £4.25billion takeover of the Premier League side after a protracted three-month selection process. Boehly’s consortium, which sees him join forces with Clearlake Capital, LA Dodgers co-owner Mark Walter and Swiss tycoon Hansjorg Wass, were chosen as the preferred party to acquire the club.But while interest in football — or ‘soccer’ as it is known in the USA — has skyrocketed Stateside in the 21st century, Boehly has conceded that when he was growing up, he had no knowledge of the English game.

A consortium led by dick clark productions and Los Angeles Dodgers backer Todd Boehly and Clearlake Capital Group has completed a deal to acquire English soccer club Chelsea for a reported £4.25BN ($5.3BN).

Chelsea owner.The American businessman's consortium have officially completed their takeover of the club, bringing an end to the 19-year reign of Roman Abramovich. In a statement on the club website, Boehly said: “We are honoured to become the new custodians of Chelsea Football Club. "We’re all in – 100% -- every minute of every match.

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.

Premier League has approved the £4.25bn takeover of Chelsea by Todd Boehly's consortium.All of the west London club's prospective board members have now passed the requisite owners’ and directors’ test. However, the completion of the Blues' purchase must still be cleared by the UK government, which has to issue a sale license.The government wants to ensure that none of the proceeds will go to Abramovich, who was hit with sanctions after Russia’s invasion of Ukraine over his alleged links to Vladimir Putin, and to get guarantees regarding his £1.6bn loan to the club he owned since 2003.An official statement from the league read: "The Premier League Board has today approved the proposed takeover of Chelsea Football Club by the Todd Boehly/Clearlake Consortium."The purchase remains subject to the Government issuing the required sale licence and the satisfactory completion of the final stages of the transaction."The Board has applied the Premier League’s Owners’ and Directors’ Test (OADT) to all prospective Directors, and undertaken the necessary due diligence."The members of the Consortium purchasing the club are affiliates of the Clearlake Capital Group, L.P., Todd Boehly, Hansjorg Wyss and Mark Walter.

Todd Boehly and the Clearlake Consortium have had their £4bn takeover of Chelsea approved by the Premier League.

Chelsea's Premier League clash with Wolves - less than 24 hours after he was confirmed as the club's new owner.It was confirmed early on Saturday morning that the American businessman - who had been spotted outside the club's ground on Friday night - had put pen to paper on an agreement to purchase the club from Roman Abramovich. The £4.25bn deal includes a £2.5bn up-front share purchase and an additional £1.75bn which will be used to investment in the club's stadium, squad and academy.In a statement, the club said: "Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club."Of the total investment being made, £2.5bn will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen UK bank account with the intention to donate 100% to charitable causes as confirmed by Roman Abramovich."UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account."The sale is expected to complete in late May subject to all necessary regulatory approvals.

The future of Chelsea Soccer Club looks assured, with the London Club announcing its new owners today.

Naman Ramachandran A consortium led by Todd Boehly has struck a deal reportedly worth £4.25 billion ($5.24 billion) to acquire top English Premier League soccer club Chelsea FC, one of the highest price tags ever agreed for a sports club in history.Boehly owns holding company Eldridge, which owns MRC and Dick Clark Productions, producers of Hollywood’s popular Golden Globes Awards, and serves as interim CEO of the Hollywood Foreign Press Association, which operates the awards. He is also an owner of the Los Angeles Dodgers, the Los Angeles Lakers and the Los Angeles Sparks.The others in the consortium are Clearlake Capital, real estate magnate Jonathan Goldstein, Swiss billionaire Hansjörg Wyss and Mark Walter, CEO, Guggenhiem Partners, with whom he has stakes in the Dodgers and Lakers.

Billie Jean King, second from left, and her long-time girlfriend Ilana Kloss, met the press Sept. 21, 2018, at Dodger Stadium to announce they will be part owners of the team. Mark Walter, left, of Guggeheim Partners who structured the deal, and Stan Kasten, Dodgers’ CEO, right, join King and Kloss. In her upcoming book “All In,” King reveals that she and Kloss were married in 2018, but only three people knew it. Photo: Jon SooHoo/Los Angeles Dodgers

By Scott Soshnick