Chelsea co-owner José E. Feliciano is reportedly nearing an agreement to purchase the San Diego Padres for a reported $3.9 million—the most expensive sale of a Major League Baseball franchise in history.
Feliciano was part of the group that took over Chelsea from Roman Abramovich in 2022. The Puerto Rico-born businessman co-founded Clearlake Capital alongside Behdad Eghbali, a global investment firm that led the consortium that bought Chelsea for $5.24 billion four years ago.
