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Todd Boehly and Behdad Eghbali are the two key figures involved in Chelsea's uneasy co-ownership. Chelsea have two owners wanting to buy each other out. Neither wants to sell, amid a rift at the heart of the club. In one corner is Todd Boehly, often mischaracterised as the main man and decision-maker of the ownership, mainly because he had a very public-facing role when Chelsea was taken over and made outlandish public comments, including the proposal of a Premier League all-star game. Boehly, who also owns the LA Dodgers baseball team, was first revealed in a Bloomberg report last week to want to buy out his rivals at Clearlake Capital. Despite his frontman profile, Boehly is a minority investor and has only a In the other corner is Behdad Eghbali, who is really the most active and powerful figure at Stamford Bridge, as co-founder of private equity firm Clearlake, the company which owns a majority He is aligned with fellow Clearlake co-founder Jose E Feliciano as powerful figures who are adamant that they do not want to sell and are only looking to increase their stake. They are willing to be patient while in control of Chelsea, while Boehly is believed to want a resolution within the next two months. This ownership group - thrust together in order to buy Chelsea after sanctions were placed on former owner Roman Abramovich by the UK government because of Russia's invasion of Ukraine - is now fractured into two clear camps. In truth, the issues with the Boehly and Clearlake co-ownership have been suspected in football circles for some time. Eghbali left and Boehly right with former manager Graham Potter, who was sacked seven months later. This Game of Thrones-like situation throws back to early when Abramovich was forced to sell Chelsea rapidly. Boehly earned fame through the bidding process, was made chairman until and appointed himself interim sporting director. Thomas Tuchel was then sacked and replaced by Graham Potter in September after a joint-review from both sides of the ownership days into their tenure. But that call was ultimately led by Boehly, with Potter lined up as the replacement before Tuchel was sacked. When Boehly stepped down as sporting director in January - to be replaced by former Brighton duo Paul Winstanley and Laurence Stewart - Eghbali began gaining control. The divide began to grow around the end of the season, when Chelsea finished 12th, their worst finish in the Premier League era. Boehly entered the dressing room to give a public dressing down to the squad following the defeat by Brighton. Sterling is believed to have taken the brunt of his criticism, and Boehly took a step back from day-to-day running of the club. Eghbali assumed more control in the following months, although the decision to appoint Mauricio Pochettino as manager was made by both owners, alongside the co-sporting directors. Chelsea sacked Mauricio Pochettino in May after less than a year in charge. Those aligned with Boehly on the club's board also continued to back Pochettino after a strong finish to the season as they finished sixth in the league despite an inconsistent campaign. But, to the surprise of many outside the Chelsea boardroom, Eghbali and the club's sporting directors completed a two-day review, after which the popular Argentine left by mutual consent on 21 May. Patience was always a thought for us. Boehly and Pochettino had dinner together on 17 May. However, Eghbali and his sporting directors were readying for a post-season review which ultimately led to a change of manager. There was a lack of shared vision between Eghbali, Winstanley and Laurence with Pochettino about future transfer strategy, playing style and the building of a new set-piece department - and an exit by 'mutual consent' was agreed upon. That chaotic pace of change has been felt by players and first-team staff alike. Figures within Clearlake insist that will now slow down as they back new manager Enzo Maresca with a five-year deal and believe him to be aligned with their, and the sporting directors', vision. Of course, much hinges on his success, but some early signs are positive as Chelsea target Champions League qualification in this new campaign. Boehly still made his presence felt in the same directors' box as Eghbali when Chelsea lost to Manchester City in the opening Premier League match of the season. Chelsea co-owners looking to buy each other out. The gradual worsening of relations has been described as a 'culture clash' rather than a major blow-up. There are complaints from sources on one side that Eghbali is too involved on the football side of the operation on a day-to-day basis and needs to leave the experts to do their job. But Clearlake insists that he only helps on the financial side of deals and allows analysts and sporting directors to lead. Boehly's camp would point to his hands-off approach at the successful LA Dodgers in baseball, where he was not involved in the sporting operation. In truth, both owners are somewhat culpable for what has, at times, become an oversized squad, having lurched between different transfer strategies in a relatively short period. On the positive side, Chelsea say they have modernised the medical and recruitment departments, with work on the academy and training ground to begin soon. Although Goldstein remains involved, the accomplished Gannon, who has experience working as managing director of SoFi Stadium in Los Angeles, is in charge. Architect Janet Marie Smith, who continues to work with Boehly on Dodger Stadium, has left, with Populous now advising on design possibilities. However, the ownership issues and change in senior executive staff has significantly slowed work on ground redevelopment or a move to a new stadium, with the aim of expanding the 40,seater Stamford Bridge by now in doubt. It has also been a factor in no front-of-shirt sponsorship deal being secured for the start of the second season in a row. Yet the women's team, which have had less intervention from the owners, remain a success as they seek a minority investor to buy into that side of the club, which has split from the first team. Sources inside the men's first team insist the public ownership spat will not undermine performances on the pitch, while the women's team say they have never been impacted. A stalemate where an unhappy alliance continues or issues are partly resolved. However, this is far more complicated than just two 'warring parties'. Both Boehly and Clearlake have veto power over an array of major decisions, including the sales of shares to third parties. As majority investors, Clearlake appears to have the upper hand, but Boehly could bank on Eghbali and Feliciano being answerable to shareholders should an offer come in that tempts them. Amid such high stakes financially, both sides privately accuse the other of posturing. Boehly has had a long-held plan to buy a Premier League team after first exploring the chance to buy Tottenham before the Covid pandemic, while Eghbali's daily involvement displays his passion for the Chelsea project. This eruption around the ownership situation will ultimately be solved off the pitch, with money deciding the outcome through the banks and the boardroom. Get Chelsea news sent straight to your phone. Latest Chelsea news, analysis and fan views. To load Comments you need to enable JavaScript in your browser. Image source, Getty Images. Nizaar Kinsella. A Game of Thrones power struggle. The Pochettino divide. Where are we now? When and how is this resolved? There are four possible outcomes: Boehly buys Clearlake's stake. Clearlake buys out Boehly and company. A third party gets involved. Related topics. Chelsea Premier League Football. More on this story. Comments can not be loaded To load Comments you need to enable JavaScript in your browser. View comments.

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Capiata buying blow

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Capiata buying blow