The group led by Todd Boehly and Clearlake Capital rose above the other groups through the strength of the partnership between the group's component parts, which includes Mark Walter, co-founder and CEO of Guggenheim Capital; and Hansjörg Wyss, founder of the Wyss Foundation; Todd and Mark's participation in the ownership of several sports franchises with sustained winning traditions, including the Los Angeles Dodgers, the Los Angeles Lakers, and the Los Angeles Sparks; a belief by the Board that this group could help the Club resolve certain current challenges and could assist in creating new opportunities, and help the Club reach its long-term strategic objectives. We believe the Board and the Boehly/ Clearlake group have a shared vision for the future of Chelsea Football Club.

In choosing the right stewards for the Club through this transaction, we agreed with the new owners that their group would make certain binding financial commitments, including investments in the Academy and women's team the redevelopment of Stamford Bridge and Chelsea Foundation.