Latham, Paul Weiss, Sidley Assist Chelsea FC's $3.1B Sale

By Max Jaeger (May 9, 2022, 6:22 PM EDT) -- A mostly American consortium led by billionaire Los Angeles Dodgers owner Todd Boehly has agreed to buy London's Chelsea Football Club for nearly $3.1 billion in a record-smashing sale that scored with help from a trio of U.S.-based firms.

Boehly, who also owns an interest in the L.A. Lakers, is represented by Latham Watkins LLP. Private equity giant Clearlake Capital, a member of the purchasing group, is counseled by Sidley Austin LLP and Paul Weiss Rifkind Wharton & Garrison LLP.

The consortium also includes Guggenheim Partners CEO Mark Walter and Swiss billionaire Hansjoerg Wyss, but it was not immediately clear who...

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