BlueCo
BlueCo is a consortium led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjörg Wyss. The group was formed as the investment vehicle for the takeover of Premier League football club Chelsea in 2022. Its name is derived from the home colour of Chelsea F.C., its flagship football club, and acts as the club's parent company. History Founded in 2022, BlueCo is a consortium that purchase Chelsea in 2022. It is led by Todd Boehly, chairman and CEO of Eldridge Industries, and Clearlake Capital, it also included Hansjörg Wyss, founder of the Wyss Foundation, and Mark Walter, co-founder and CEO of Guggenheim Partners. While Walter and Boehly are owners of the Los Angeles Dodgers, the Los Angeles Lakers, and the Los Angeles Sparks. BlueCo acquired Ligue 1 football club RC Strasbourg Alsace a year later to start multi-club ownership. Owned Clubs Chelsea F.C. In March 2022, former Chelsea F.C. owner, Russian oligarch Roman Abramovich was sanctioned by Western governments in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Clearlake Capital
Clearlake Capital Group, L.P. is a private equity firm founded in 2006 that focuses on the technology, industrial and consumer sectors. The firm is headquartered in Santa Monica with affiliates in Dallas, London and Dublin. In 2022, the firm was a part of an investor consortium named BlueCo that purchased Chelsea F.C. In June 2023, Clearlake Capital was ranked 14th in ''Private Equity International''s PEI 300 ranking of the largest private equity firms in the world. Background Clearlake Capital was founded in 2006 by Steven Chang, Behdad Eghbali and José Feliciano. The strategy was to shift between buyouts and distressed securities depending on economic conditions. This allowed the firm to take advantage of the 2007–2008 financial crisis to acquire distressed securities and then sell them for a profit after recovery. In 2015, Chang left the firm leaving Eghbali and Feliciano as the remaining managing partners. In May 2018, Clearlake sold a minority stake of up to 20% of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Todd Boehly
Todd Boehly (born September 20, 1973) is an American businessman and investor. He is the co-founder, chairman, chief executive officer and controlling member of Eldridge Industries, a holding company headquartered in Greenwich, Connecticut. He is also the interim CEO of the Hollywood Foreign Press Association and co-owner and chairman of football club Chelsea. Early life and education Boehly, whose grandparents emigrated from Germany, attended Landon School in Bethesda, Maryland, graduating in 1991. He was a member of the school's wrestling team, which won I.A.C. championships in both 1990 and 1991. In 2014, Landon named their facilities the Boehly Family Wrestling Room in Boehly's honor. Boehly graduated from the College of William & Mary in 1996 with a Bachelor of Business Administration in Finance. He also studied at the London School of Economics. While at the London School of Economics, Boehly began working at Citibank and then at CS First Boston. Career 1996–201 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Companies Based In London
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kingsmeadow, Kingston Upon Thames
Kingsmeadow is a football stadium in Norbiton, Kingston upon Thames, London, which is used for home matches by Chelsea Women and Chelsea U21s. It was formerly the home of Kingstonian F.C. and AFC Wimbledon and has a capacity of 4,850, with 2,265 seats. History The stadium was the home of Kingstonian F.C. from 1989, when they built the entire complex on the site following the sale of their traditional Richmond Road ground. Kingstonian opened the ground with a friendly against Queens Park Rangers. Following relegation from the Conference, Kingstonian went into financial administration and both the club and ground were purchased by Rajesh Khosla and his son Anup. AFC Wimbledon played at the stadium from their foundation in 2002 until their move to a new stadium on Plough Lane in 2020; Wimbledon F.C. having moved to Milton Keynes in September 2003, becoming Milton Keynes Dons in June 2004. AFC Wimbledon were in the Combined Counties League at this time, but reached Foo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stamford Bridge (stadium)
Stamford Bridge () is a football stadium in Fulham, adjacent to the borough of Chelsea in West London. It is the home of Premier League club Chelsea. With a capacity of 40,341, it is the ninth largest venue of the 2022–23 Premier League season and the eleventh largest football stadium in England. Opened in 1877, the stadium was used by the London Athletic Club until 1905, when new owner Gus Mears founded Chelsea Football Club to occupy the ground; Chelsea have played their home games there ever since. It has undergone major changes over the years, most recently in the 1990s when it was renovated into a modern, all-seater stadium. Stamford Bridge has been a venue for England international matches, FA Cup Finals, FA Cup semi-finals and Charity Shield games. It has also hosted numerous other sports, such as cricket, rugby union, rugby league, speedway, greyhound racing, baseball and American football. The stadium's highest official attendance is 82,905, for a league match bet ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sky Sports
Sky Sports is a group of British subscription sports channels operated by the satellite pay television company Sky Group (a division of Comcast), and is the dominant subscription television sports brand in the United Kingdom and Ireland. It has played a major role in the increased commercialisation of British sport since 1991, and has sometimes played a large role inducing organisational changes in the sports it broadcasts, most notably when it encouraged the Premier League to break away from the Football League in 1992. Sky Sports Main Event, Premier League, Football, Cricket, Golf, F1, Action and Arena are available as a premium package on top of the basic Sky package. These services are also available as premium channels on nearly every satellite, cable and IPTV broadcasting system in the United Kingdom and Ireland. Sky Sports News, Sky Sports Racing and Sky Sports Mix are all provided as part of basic packages. The Sky Sports network is managed by Jonathan Licht. Histo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2022 Russian Invasion Of Ukraine
On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An estimated 8 million Ukrainians were displaced within their country by late May and 7.8 million fled the country by 8 November 2022, while Russia, within five weeks of the invasion, experienced its greatest emigration since the 1917 October Revolution. Following the 2014 Ukrainian Revolution, Russia annexed Crimea, and Russian-backed paramilitaries seized part of the Donbas region of south-eastern Ukraine, which consists of Luhansk and Donetsk oblasts, sparking a regional war. In March 2021, Russia began a large military build-up along its border with Ukraine, eventually amassing up to 190,000 troops and their equipment. Despite the build-up, denials of plans to invade or attack Ukraine were issued by various Russia ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Roman Abramovich
Roman Arkadyevich Abramovich (, ; he, רומן ארקדיביץ' אברמוביץ'; born 24 October 1966) is a Russian oligarch and politician. He is the former owner of Chelsea, a Premier League football club in London, England, and is the primary owner of the private investment company Millhouse LLC. He has Russian, Israeli and Portuguese citizenship. He was formerly Governor of Chukotka Autonomous Okrug from 2000 to 2008. According to ''Forbes'', Abramovich's net worth was 14.5 billion in 2021, making him the second-richest person in Israel, the eleventh-richest in Russia and the richest person in Portugal. Abramovich enriched himself in the years following the collapse of the Soviet Union in the 1990s, obtaining Russian state-owned assets at prices far below market value in Russia's controversial loans-for-shares privatisation program. Abramovich is considered to have a good relationship with Russian president Vladimir Putin, an allegation Abramovich denied. Ear ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ligue 1
Ligue 1, officially known as Ligue 1 Uber Eats for sponsorship reasons, is a French professional league for men's association football clubs. At the top of the French football league system, it is the country's primary football competition. Administrated by the Ligue de Football Professionnel, Ligue 1 is contested by 20 clubs and operates on a system of promotion and relegation from and to Ligue 2. Seasons run from August to May. Clubs play two matches against each of the other teams in the league – one home and one away – totalling to 38 matches over the course of the season. Most games are played on Saturdays and Sundays, with a few games played during weekday evenings. Play is regularly suspended the last weekend before Christmas for two weeks before returning in the second week of January. As of 2021, Ligue 1 is one of the top national leagues, ranked fifth in Europe, behind England's Premier League, Spain's La Liga, Italy's Serie A , Germany's Bundesliga. L ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Los Angeles Lakers
The Los Angeles Lakers are an American professional basketball team based in Los Angeles. The Lakers compete in the National Basketball Association (NBA) as a member of the league's Western Conference Pacific Division. The Lakers play their home games at Crypto.com Arena, an arena shared with the NBA's Los Angeles Clippers, the Los Angeles Sparks of the Women's National Basketball Association, and the Los Angeles Kings of the National Hockey League. The Lakers are one of the most successful teams in the history of the NBA, and have won 17 NBA championships, tied with the Boston Celtics for the most in NBA history. The franchise began with the 1947 purchase of a disbanded team, the Detroit Gems of the National Basketball League (NBL). The new team began playing in Minneapolis, Minnesota, calling themselves the Minneapolis Lakers.Reavis, Tracey in Sacchare (ed) (2000). p. 95 Initially a member of the NBL, the Lakers won the 1948 NBL championship before joining the rival ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Los Angeles Sparks
The Los Angeles Sparks (LA Sparks) are an American professional basketball team based in Los Angeles. The Sparks compete in the Women's National Basketball Association (WNBA) as a member club of the league's Western Conference. The team was founded before the league's inaugural 1997 season began. Like some other WNBA teams, the Sparks have the distinction of not being affiliated with an NBA counterpart, even though the market is shared with the Los Angeles Lakers and the Los Angeles Clippers. As of 2020, the Sparks are the most recent franchise to win back-to-back titles. Lakers owner Jerry Buss owned the Sparks from 1997 to 2006 when Williams Group Holdings purchased the team. It was previously the sister team of the Los Angeles Lakers. As of 2014, the Sparks are owned by Sparks LA Sports, LLC. The Sparks have qualified for the WNBA Playoffs in twenty of their twenty-four years in Los Angeles, more than any other team in the league. The franchise has been home to many hig ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |