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.
Clearlake also championed the announcement that the move for Chelsea, completed last summer when the club was bought from Roman Abramovich, was given the deal of the year award for 2022 by Private Equity International. Businessman Todd Boehly linked up with Clearlake to secure a £4.25 billion deal for the Blues and they have been busy making a splash, spending £600 million on transfers since they took over at Stamford Bridge.
