The consortium is led by Boehly but Clearlake Capital, a Californian private equity firm, would own a majority of the shares in Chelsea. Other investors include US billionaire Mark Walter, also a co-owner of the LA Dodgers, and Swiss billionaire Hansjoerg Wyss.
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Facebook owner Meta in first ever sales fall for
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Meta boss Mark Zuckerberg said the firm would reduce its hiring “steadily” over the next year, a response to...
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Bars and restaurants struggle with staff isolating
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Ian Payne, chairman of the nationwide Stonegate group of pubs, wrote on social media that the chain has around...
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Interest rate rise expected after UK inflation shock
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Covid: No new curbs in England are a lifeline, pubs say
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There is also now a clear divergence between the government at Westminster and the devolved administrations in Scotland, Wales...
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Bus £2 fare cap extended to end of October
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But the Transport committee of MPs, whose job is to scrutinise the Department for Transport, said in a report...
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Taylor Wimpey sets aside £125m for cladding and fire safety repairs
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The company’s chief executive, Peter Redfern, told the BBC: “What we’re trying to do is make sure we’re pick...
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Average two-year mortgage rate close to 6%
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South Africa load-shedding: The roots of Eskom’s power problem
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If you are looking to understand South Africa’s current struggles – its soaring crime and unemployment rates, its stubborn...
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