The relationship among Chelsea's co-owners has deteriorated, with Todd Boehly considering a buyout of Clearlake Capital amidst disagreements on key operational matters.
Boehly is reportedly preparing to raise over £2.5 billion to present a buyout offer, believing Clearlake should profit from their initial investment.
Both Boehly and Clearlake have shown reluctance to adjust their positions, with Boehly describing the club's decision-making environment as 'untenable'.
The governance structure allows for chairmanship changes every five years, complicating any attempts by either owner to exit without the other's consent.
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