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Boehly close to selling Chelsea stakes to Clearlake Capital - reports

Photo: Yahoo Sports

What happened

An agreement for Todd Boehly and fellow co-owner Mark Walter to sell their stakes in Chelsea to majority owner Clearlake Capital is close, according to reports. A spokesperson for Walter confirmed in a statement to Bloomberg that the American billionaire businessman would be set to make a profit on the 12.

Summary assembled by rule from the sources below

Sources