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Chelsea could double revenue

Clearlake Capital’s Jose E. Feliciano says Chelsea has the opportunity to double its revenue.  A study from Deloitte claims Chelsea created £436.6m revenue in 2021 and Feliciano believes the club can increase that figure to £1billion at some point in the future. 

He said at Bloomberg’s investment event: “We think we have an incredible opportunity to double revenue. We think we have one of the best media properties and sport properties in the world where we can get to a £1billion of revenue.”

Speaking about why Clearlake invested in Chelsea, he added: “We thought we had a really interesting opportunity to buy a business in a very unique situation where there was a forced seller, significant parts of the buyer market were not able to access the transaction and we felt that all the competencies of Clearlake came into play.”

“On top of that, we were able to partner with Todd Boehly and his group, a group that has a lot of experience in other significant leagues and significant teams, the Dodgers and the Lakers etc.

Redeveloping Stamford Bridge is one key step that will be necessary to boost revenue and that comes with many complications, legal and practical.

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