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Clearlake had a target of $1.5b but hit $2.5b on this fund. 
 

Full article. Evidently raising funds is not a challenge for these guys.

https://www.prnewswire.com/news-releases/clearlake-capital-closes-clearlake-opportunities-partners-iii-with-more-than-2-5-billion-in-commitments-301628078.html

 

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47 minutes ago, Hermione said:

Great appointment Todd.

After reading about this. This occurred while he was at City. How could Todd have known about it? It seems he sacked him immediately. Is that not what you would want? Under our previous administration the head of media harassed an employee to the point he committed suicide and nothing was done about it, until Boehly fired him and the people that were involved. I know you have a Todd boner, just don’t really understand why?
 

Some Chelsea fans used to complain when they never heard what was happening behind the scenes, now they complain because they do hear what goes on. 

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29 minutes ago, ZAPHOD2319 said:

After reading about this. This occurred while he was at City. How could Todd have known about it? It seems he sacked him immediately. Is that not what you would want? Under our previous administration the head of media harassed an employee to the point he committed suicide and nothing was done about it, until Boehly fired him and the people that were involved. I know you have a Todd boner, just don’t really understand why?
 

Some Chelsea fans used to complain when they never heard what was happening behind the scenes, now they complain because they do hear what goes on. 

Agreed it's easy to say this should have come up in any due diligence but it doesn't always work like that. We've seen in recent times a lot of cases involving sexual harassment, assault, etc don't come out until a good time later.

Boehly has clearly acted swiftly and correctly on the situation regardless how much embarrassment it may look to be getting rid of someone within a few weeks. There has been talk that they want to build a new culture within the club and this does show a transparency and willingness from the new ownership that they won't tolerate such behaviour, even if it didn't even occur during their employment at the club.

You have to tip your hat to them in this situation that they've done the right thing.

I'm surprised this doesn't spotlight City more as this took place under their watch.

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1 hour ago, Hermione said:

This is the same guy who had an agreement with Freund without asking permission from his employers (for which we might even get fined) and same guy who leaks absolutely everything about us and you tell me he is blameless for appointing him. He probably didn't even bother doing a background check on this guy.

I think you are making some huge jumps because you somehow don’t like the guy. According to Freund the only contact he had with Boehly himself was when they were discussing a player. The media latched on to this story. There have been no quotes from Boehly. 
 

You then bundled the City guy that was hired. There is no way anyone from Chelsea could have known he sent those texts. He was fired immediately instead of trying to sweep it under and hoping it didn’t come out in the press. 
 

I agree someone is sharing too much with the media, but I really don’t mind that compared to the shit that was going on with Marina and Cech running the club. They were allowing horrendous behavior from people in leadership positions. I think Boehly is acting in the best interest of the club and trying to make it a place people want to stay, where people are treated with respect.

Simple fact is that Boehly and Clearlake will own the club for the next ten years minimum. They are a bit stumbling here and there, but I do think in the long run they will get the right people in place. I intend to enjoy the next ten years, even with the cringe moments of new owners.

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