Todd Boehly is set to bring in his trusted ally Chris Jurasek to help solve Chelsea's current crisis - with the move expected to raise questions over the role of recently-appointed President of Business Tom Glick.
A consortium led by Boehly bought the club from Roman Abramovich last May and proceeded to fork out huge sums of money on players such as Raheem Sterling, Enzo Fernandez and Mykhailo Mudryk. As a result, Chelsea recently announced losses of more than £120million over the last financial year.
And in a bid to help fix Chelsea's struggles, Boehly is set to appoint a new chief executive. According to the Times, Chelsea are in 'final talks' with Jurasek as part of a 'broader management restructure'.
Jurasek currently works as an operating executive for Clearlake Capital, the private equity firm which co-owns Chelsea, and as CEO of EagleView Technologies, a company Clearlake have invested in. The report adds that Jurasek's impending appointment could come as a blow to Glick.
Glick was only appointed in July and arrived with an impressive resume, having previously been the Chief Commerical Officer of the City Football Group and been CEO of Derby County when they were in the Premier League.
And when Glick was appointed, Boehly said: "Tom's successful track record as a leader and innovator at several respected and winning sport organisations made him the obvious choice for this position.
"His skills and experience will be vital as we improve Chelsea FC's key infrastructure, expand the Club's products and reputation, and find exciting new ways for our loyal supporters to engage with their favourite players."
However, the report claims that Glick will now report to Jurasek as part of the restructure as he will be primarily responsible for the club's commercial dealings. It comes after Boehly opened up about Chelsea's struggles earlier this month at the Milken Institute Global Conference.
"You know they want to win and we get that we want to win so you know I think our view through was that this is a long-term project and you know we're committed to the long-term," he insisted. "We very much believe that we're going to figure it out. We've got the best league in the world, we've got what I think is the top city in the world and we've got an unbelievable location in the top city in the world."
