Friday September 22, 2023
The Best Employers in Sports Survey is Now Open!

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
Front Office Sports Today

Could Promotion-Relegation work in College Football?

The proposal aims to create an exciting media product while reducing travel for non-football sports.
Listen Now
September 21, 2023 | Podcast
Copy Link
Link Copied
Link Copied

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.

Copy Link
Link Copied
Link Copied

What to Read


Andlauer Completes Record $950M Senators Acquisition

Long-awaited pact follows three months of due diligence, league review

FIFA, Kroenke Clash Over SoFi Stadium's World Cup Revenue Sharing

SoFi Stadium's hosting of World Cup matches may be in jeopardy.

TKO Makes First Big Move After WWE-UFC Merger

Investors drop TKO shares by 15% following SmackDown rights deal
LIV Golf flag pin

Saudi Prince Dismisses Sportswashing Claims Post Newcastle, LIV Golf

Saudi Arabia’s Crown Prince Mohammed bin Salman is bullish on sports.
podcast thumbnail mobile
Front Office Sports Today

Could Promotion-Relegation work in College Football?


Featured Today

Teams without secured venue situations could be left out of a potential XFL-USFL merger.

XFL-USFL Merger Could Drop Teams, Change League Name

Teams without secured venues could be cut from a XFL-USFL merger.
September 21, 2023

Rupert Murdoch's Exit Leaves Lasting Fox Sports Legacy

Rupert Murdoch steps down as chairman of Fox Corp. and News Corp.
Could ESPN lose events such as the NBA Finals if it sold ABC.
September 21, 2023

Selling ABC Poses Billion-Dollar Dilemma for Disney and ESPN's Future

Losing ABC would create complications as ESPN enters NBA rights negotiations.
Boise State Broncos running back Ashton Jeanty (2) runs the ball against the North Dakota Fighting Hawks during the first half at Albertsons Stadium.
September 20, 2023

The First Official Proposal for Promotion-Relegation In College Football

Realignment is forcing Group of 5 schools to rethink their structure.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Chicago Cubs
New York
Tri Star Sports and Entertainment Group, Inc.
USA - Multiple Locations
A view of the Spurs club badge on the exterior of Tottenham Hotspur Stadium in London.

Tottenham, Valued At $2.8B, Says It's Open To Stake Sale

The club's chairman says new minority investors could come on board.
September 21, 2023

England Women’s Team Resolves Pay Dispute After WWC Success

Agreement arrives a month after the end of the 2023 Women's World Cup
September 20, 2023

Royals Miss Self-Imposed Deadline To Select Stadium Site

Ongoing discussions with Jackson, Clay Counties prompt timetable shift
September 20, 2023

Chelsea Gets $500M For Stadium Projects, Club Acquisitions

The Premier League club is receiving crucial new investment.
September 19, 2023

Rays Eye Much More Stable Future With Stadium Deal

Ballpark deal ends years of relocation rumors
September 18, 2023

Wisconsin Legislators Make Renewed Pitch To Keep Brewers

Republican-led effort looks to retain MLB club in the state
September 18, 2023

Delay Around Brady's Raiders Stake Sparks Questions

Tom Brady's purchase of a stake in the Raiders is still pending.
September 18, 2023

Orioles’ Angelos Says Staying In Baltimore ‘A Given’

Reclusive Angelos conveys new confidence of new lease deal