Media Coverage
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
05.31.22
A team of Pillsbury lawyers served as legal counsel to Chelsea Football Club, an England Premier League football team, in its acquisition by a consortium led by Todd Boehly, chairman and CEO of Eldridge, a private investment company, and Clearlake Capital Group, L.P.
Under the terms of the agreement, Boehly and Clearlake will share joint control and equal governance of the Club. Boehly will serve as Chairman of the holding company. Boehly and Clearlake are committed to investing in key areas that will extend and enhance Chelsea’s competitiveness, including the redevelopment of Stamford Bridge, further investment in the Academy, the Women’s Team and Kingsmeadow stadium. The owners will also continue the important work of the Chelsea Foundation.
The Pillsbury team was led by Corporate partner Stephen Amdur, alongside Corporate partners James Campbell and Veronica Nunn, senior counsel Nick Burgess, counsel Ashmi Bhagani and associates Nina Bakhtina and Harriet McCartin. Additional assistance was provided on regulatory matters from partners Stephan Becker, Nancy Fischer and Steven Farmer, alongside associate Mark Booth and on tax matters from partner Nora Burke. Northridge Law LLP and Simmons & Simmons LLP also advised the Club on the transaction.