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Chelsea's holding company's £1bn-plus 'debt' - and why it's unlikely to cause problems

By The New York Times   |   5 days ago
Chelsea's holding company's £1bn-plus 'debt' - and why it's unlikely to cause problems

Clearlake Capital and Todd Boehly, the Chelsea FC owners, have borrowed over £1 billion to fund player acquisitions since buying the club for £2.3 billion. The financial strategy includes a revolving credit facility and redeemable preferred equity agreement to meet profitability rules.

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