During the first quarter of 2023, Chelsea co-owner Clearlake Capital, led by Blues board members Behdad Eghbali and Jose E. Feliciano, publishes a report on its operations.

Chelsea's co-owners Clearlake Capital have released their report of the first quarter of the year for the business.

Clearlake, a private investment firm run by Blues board members Behdad Eghbali and Jose E. Feliciano, completed six deals in the first quarter of 2023. The company completed two exits and four add-on transactions while also issuing updates on WhiteStar asset management, Appriss Retail, Novata, Discovery Education and Crash Champions.
Additionally, Clearlake promoted the news that Private Equity International had named the purchase of Chelsea from Roman Abramovich last summer as the deal of the year for 2022. Businessman Todd Boehly collaborated with Clearlake to achieve a £4.25 billion deal for the Blues, and since they took over at Stamford Bridge, they have been busy making an impact, spending £600 million on transfers.

Additionally, Clearlake supported the news that Private Equity International had named the purchase of Chelsea last summer—when the club was acquired from Roman Abramovich—the deal of the year for 2022. In order to complete a £4.25 billion deal for the Blues, businessman Todd Boehly collaborated with Clearlake, and since they took over at Stamford Bridge, they have been busy making a splash, spending £600 million on transfers.

The Blues broke the British transfer record, too, with a move for midfielder Enzo Fernandez for £107 million as well as securing big-money moves for England star Raheem Sterling and Shakhtar Donetsk winger Mykhaylo Mudryk. Since the takeover, Chelsea have also sacked Thomas Tuchel and Graham Potter with the search for a new full-time manager still ongoing after the move to bring in Frank Lampard as an interim boss.

Clearlake have big plans for Chelsea, though, with former Tottenham Hotspur head coach Mauricio Pochettino eyed and a potential redevelopment of Stamford Bridge on the cards. "Despite the challenged market landscape, Clearlake closed two exits and four add-on transactions in the first quarter of 2023," a statement from Clearlake read.
"Clearlake remains committed to delivering flexible and creative capital solutions for control and non-control investments across technology, industrials, and consumer. We continue to lean into our multi-product approach, encompassing private equity, special situations, and credit, to ensure we stay agile and responsive to market dynamics”

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