Mark Walter, minority co-owner of Chelsea FC and CEO of Guggenheim Capital, is reportedly open to selling his stake in the London club. A US federal investigation centers on approximately $21 billion in related-party loans, a figure that expanded 21-fold from the initially flagged $1 billion disclosed in an internal audit. This amount represents roughly five times the £4.25 billion acquisition price of Chelsea by the BlueCo consortium in 2022. Associates of Walter have confirmed there are no immediate repercussions on his ownership position at Chelsea, where control remains with Todd Boehly and Clearlake Capital.
Source: Read the original article
