Since purchasing Chelsea for £4.25 billion in May 2022, owner Todd Boehly has admitted that mistakes were made in his first year in charge of the West London club.
During a private event held at Stamford Bridge just days after the club’s exit from the Champions League, the founder of Clearlake Capital spoke with a number of bankers and business associates.
According to reports, the event was advertised as a chance to hear the Chelsea owner’s plans for the club ahead of the 2023–2024 season.
Among those in participation was Goldman Sachs investment financier Anthony Gutman, whose business was one of the banks associated with Boehly and Clearlake Capital’s takeover last year.
According to reports, neither Boehly nor Gutman wanted to talk about the specifics of the errors that have been made at Chelsea over the past year and did not want to speak after the meeting.
Since taking over at Chelsea, Boehly has managed use of over half a billion pounds on player move transfers over the past two windows.
Since the start of the season, Chelsea have had three different managers—Thomas Tuchel, Graham Potter, and now Frank Lampard—who have led them to 11th place in the Premier League table.
Graham Potter was hired in September 2022, but he was let go in April of that year. Now that Frank Lampard is back in charge of Chelsea for a second time, the team hasn’t won yet. It’s truly been tough for the ex-Chelsea star.