Chelsea FC Has Opportunity to Double Its Revenue, Feliciano Says
Chelsea's Reece James, left, fights for the ball with AC Milan's Theo Hernandez during the UEFA Champions League group E match at the San Siro stadium, in Milan, on Oct. 11.
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Chelsea FC has the opportunity to double its revenue, Clearlake Capital’s Jose E. Feliciano said, describing the English Premier League team as “beachfront property.”
“The potential for value creation is very significant,” Feliciano, a co-founder and managing partner at the private equity firm, said Wednesday at the Bloomberg Invest conference in New York, calling the London-based club “one of the best sports properties in the world.”