CHELSEA OWNERS IN SERIOS DISPUTE OVER MANAGEMENT OF CLUB

in blurtsport •  2 months ago 

download (3).jpgSOURCE

The controversial transfer policy of Chelsea could be weakened by the £4 billion boardroom struggle.
Furthermore, former chairman Ken Bates believes that this "committee" on power sharing is doomed to failure.
Co-controlling owners of the Blues, Todd Boehly and Behdad Eghbali, are at odds and seek the purchase of each other out.
They can no longer collaborate professionally because of the way their relationship has soured.
Eghbali and his friends at Clearlake Capital control 61.5% of Chelsea, which puts them on the other end of the fence. 38.5 percent is owned by rival Boehly and his friends.

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All significant actions still require Chairman Boehly's approval, which might become a sticking point if the impasse intensifies.
Boehly approved of all 11 players that Chelsea bought in the summer, even though their shareholding was quite small.
In June, he also approved the hiring of Enzo Maresca as the new head coach.
However, the two Americans dispute on how to run their businesses, and their arguments over expenditure might seriously harm the most hectic transfer market in the world's club.

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