• Loading stock data...
Monday, January 13, 2025

Chelsea Owner Says Team Could Double Its Revenue

  • Clearlake Capital’s managing partner believes Chelsea could be the world’s top-earning soccer team.
  • Clearlake is a co-owner of the team as of May.
Chelsea-FC
Chelsea FC

Chelsea’s new owners think it could be the top-earning soccer team in the world.

Clearlake Capital Partners co-founder and managing partner José E. Feliciano said that the Premier League club is “one of the best sports properties in the world” and has the potential to double its revenue.

  • Clearlake purchased Chelsea along with Los Angeles Lakers, Dodgers, and Sparks co-owner Todd Boehly for $5.3 billion in a deal approved by the league in May.
  • The club earned $558.3 million in revenue in the 2020-21 season, eighth among all soccer teams. Manchester City was first with $730.1 million.
  • Chelsea’s revenue was $509.5 million in 2018-19, the last season unaffected by the pandemic.

Feliciano also noted that Chelsea’s women’s team could see huge growth. 

“There’s no reason why that property should not be several hundred million dollars of revenue,” he said.

Stamford Bridge to Profits

The new ownership group is expected to invest in expensive repairs to Chelsea’s Stamford Bridge stadium. 

Renovations could raise the venue’s capacity by 40% to around 60,000, comparable to Arsenal’s Emirates Stadium. Arsenal brought in $108.7 million in matchday revenue in the 2018-19 season — compared to Chelsea’s $85.6 million.

A revamped facility could also allow the team to earn more from luxury boxes.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

How Rams Are Preparing for Home Playoff Game at Rival Stadium

Monday night’s game was moved out of Los Angeles due to wildfires.

Sixers Ditch Downtown Dreams, Partnering on South Philly Arena

The NBA team and Comcast Spectacor will develop a new South Philadelphia arena.

Carson Beck, Quinn Ewers Highlight NIL Mania In College Football

The former Georgia quarterback is getting paid big-time to transfer to Miami.

Vrabel Returns to Patriots as NFL Coaching Carousel Begins to Spin

The Patriots hired Mike Vrabel as their next head coach.

Featured Today

Ohio State Buckeyes defensive end Jack Sawyer (33) knocks the ball out of the hands of Texas Longhorns quarterback Quinn Ewers (3) and returns the fumble for a touchdown in the fourth quarter of the Cotton Bowl Classic during the College Football Playoff semifinal game at AT&T Stadium in Arlington, Texas on January, 10, 2025.

College Football Is Closer Than Ever to Perfecting the Championship Process

Despite valid criticisms, the first expanded Playoff is working.
Jan 2, 2025; New Orleans, LA, USA; Notre Dame Fighting Irish head coach Marcus Freeman (R) reacts on the sidelines in the final minute against the Georgia Bulldogs during the fourth quarter at Caesars Superdome.
January 9, 2025

Amid Realignment Mania, Notre Dame Stayed Independent. It Paid Off

How the CFP semifinal-bound Fighting Irish made their business model work.
Ohio State wide receiver Jeremiah Smith (4) celebrates a first-down catch against Oregon during the 2025 Rose Bowl in Pasadena, Calif.
January 3, 2025

The Biggest Changes to College Sports Are Coming in 2025

Sweeping developments could affect the college sports foundation this year.
Dec 31, 2024; Chicago, Illinois, USA; Chicago Blackhawks center Connor Bedard (98) walks out to the rink before the Winter Classic against the St. Louis Blues at Wrigley Field
January 1, 2025

Glitzy NHL New Year’s Eve Winter Classic Showcased Connor Bedard’s Star Power

The business of Bedard—on full display—is crucial for the NHL.

Liverpool Denies Elon Musk Sale Rumors

Musk’s father said his son is interested in buying the club.
January 7, 2025

Raiders Coaching Search Fuels Tom Brady Conflict Questions

Potential conflicts between part-owner, broadcasting roles again rise to the forefront.
January 8, 2025

Bears Grapple With Coaching Search, Stadium Plans, and Power Struggles

The NFL team relies heavily on president and CEO Kevin Warren.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Jan 29, 2024; Miami, Florida, USA; Miami Heat forward Jimmy Butler (22) is guarded by Phoenix Suns guard Bradley Beal (3) during the fourth quarter at Kaseya Center.
January 7, 2025

As Butler Eliminates Options, Heat Face Expensive Dilemma

Butler is in the middle of a seven-game suspension.
Brent Rooker
January 7, 2025

A’s Keep Shelling Out Cash With Payroll Grievance Looming

They’ve never had a payroll eclipse $100 million but might have to.
Dec 1, 2023; Phoenix, Arizona, USA; Phoenix Suns guard Bradley Beal (left) on the bench with forward Kevin Durant (center) and guard Devin Booker against the Denver Nuggets at Footprint Center.
January 6, 2025

Suns Bench a Third of League-High Payroll As Jimmy Butler Rumors Swirl

The Suns are outside of the play-in picture with a 16–18 record.
Jon Gruden
exclusive
January 2, 2025

Jon Gruden Expected to Be ‘Hot’ NFL Head Coaching Candidate Despite Suit,..

Gruden’s lawsuit isn’t expected to hinder his potential return to the NFL.