Vivid Seats Stock Rides Roller Coaster to Gain More Than 50%
Vivid Seats stock briefly jumped more than 50% in Wednesday day trading, the latest move in what’s been a volatile week for the live event ticketing business. It…
Todd Boehly
Chelsea Drubs PSG for Club World Cup Title, $40M Prize Money
[UPDATE: Chelsea defeated PSG, 3-0, Sunday to win the Club World Cup and the $40 million champion’s prize. Cole Palmer scored two goals for Chelsea, and Joao Pedro added…
Vivid Seats Plunges as Fans, Traders Pull Back From Live Events Tickets
Vivid Seats stock tumbled as much as 39% on Tuesday morning after the company released earnings that showed decreased interest in live events, such as sports and…
Chelsea FC’s Record Revenue Lowers Annual Loss to $115M
In its first full season under the ownership of Todd Boehly and Clearlake Capital, Chelsea FC’s revenue rose 6.5% to a record $656 million (£512.5 million based on…
How Premier League’s Brentford Punches Above Its Payroll Weight
In global soccer, success is almost always reserved for the teams with the biggest budgets. But Brentford FC is an exception, showing how a smaller club can not…
Chelsea Inks With Infinite Athlete for Front-of-Shirt Sponsorship
Six matches into its first full season under new ownership, Chelsea FC has a front-of-shirt sponsor. The club announced that sports tech company Infinite Athlete would…
Penske Media Eldridge Acquires Dick Clark Productions in Major Expansion
Penske Media Eldridge has acquired Dick Clark Productions, Variety reports, in a deal that marks a major expansion for the parent company of Variety, Rolling Stone…
Boehly’s Chelsea Bets on Long-Run Accounting in Player Spending Spree
Chelsea FC player transfer spending this season under new owner Todd Boehly has exceeded that of any year under the club’s previous owner, the oligarch Roman…
Michael B. Jordan Becomes Part Owner of AFC Bournemouth
Actor, producer and director Michael B. Jordan is now part owner of the English soccer team AFC Bournemouth, per Deadline. A statement from the Premier League club…
Boehly Eyes Smaller Clubs in Europe to Expand Chelsea’s Footprint
The ink on the purchase contract has barely dried, but Todd Boehly, the co-owner of Chelsea F.C., says he is ready to add to his soccer holdings, and is looking to buy…
Exclusive
Broncos Sale Draws Clearlake Billionaires Eghbali and Feliciano
The billionaire private equity founders behind the recent purchase of Chelsea are fronting one of the bids for the Denver Broncos, according to someone familiar…
Chelsea Sale Complete as Roman Abramovich Says Goodbye
The Chelsea sale is complete. The group led by Todd Boehly and Clearlake Capital will pay about $3.16 billion (£2.5 billion) for the team, and commit to spending another…
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