Clearlake Capital, a California-based investment firm, has joined Todd Boehly's consortium as they look to complete the purchase of Chelsea Football Club. That's according to Sky News, who say that Boehly's bid has been boosted even more ahead of this evening's deadline for offers.
Boehly is heading a consortium alongside Swiss billionaire Hansjorg Wyss and London-based property investor Jonathan Goldstein. The consortium is thought to be one of the front-runners to complete the takeover of the west London club.
Clearlake Capital reportedly have $60billion (£45.5billion) of assets under management, meaning Boehly is now "overfunded" when it comes to his bid for Chelsea. The report goes on to say that any takeover from Boehly would provide 'long-term funding' for the club and the 'redevelopment of its Stamford Bridge home'.
