Betaville

Chelsea FC owners in talks with Ares about capital injection, reveals Bloomberg

As a fan of Chelsea FC little old Betaville has been somewhat dismayed by the new (ish) American private equity ownership of the Premier League football club.

Last season was one of the worst performances in the last decade amid chaotic player transfer management.

Now Bloomberg are reporting that that Todd Boehly and his backers at Clearlake Capital are in talks with alternative capital provider Ares about raising around $500 million. Below is a link:..