Sports
Chelsea are learning the hard way that co-owners rarely work in football
The night before Liverpool’s former owners faced the media for the first time at Anfield in February 2007, a meeting was held about the running order for business.
George Gillett, a junk bond millionaire, had initially been batted away from the club because he did not have deep enough pockets. To change his possibilities, he enlisted the help of Inner Circle Sports, an investment bank from New York City. Ultimately, the conversations sent him to Tom Hicks, someone he’d worked with before after they put money into a meat-packing company.
Hicks’ interest in Liverpool came relatively late, and because of this — according to one club official present at the time but who spoke to The Athletic on condition of anonymity to protect their current position — it was suggested that Gillett should field the earliest questions in the press conference. Hicks was having none of it. “I’ll go first,” he said. And he got his way.
It was an early indication that this marriage was never likely to last. Within a few months, the club was unofficially in the grip of a civil war, with the co-owners no longer on speaking terms.
Their reign staggered on for three agonising years before a High Court ruling led to another sale, this time to Fenway Sports Group (FSG), with the whole exercise just serving to underline how difficult it is to make co-ownership work in the high-stakes world of Premier League football.
All of which brings us to Chelsea, and the strife between co-owners Todd Boehly and Behdad Eghbali, of Clearlake Capital.
The London club’s fans may not appreciate the parallel, but they could do worse than look north if they wished to understand how and why things can go so wrong so quickly with joint owners.
In the Gillett role, you have Boehly. Both are American businessmen with pre-existing sporting interests (Gillett owned ice hockey’s Montreal Canadiens, Boehly part-owns baseball’s LA Dodgers) who were wealthy enough to control one of England’s biggest sporting institutions, but not quite rich enough to do that and fulfil those clubs’ vast ambitions.
The parallels don’t end there. Gillett only completed his takeover after other bidders failed. With Liverpool urgently needing money to fund a new stadium project, he returned with Hicks.
At Chelsea, it was only possible for Boehly to claim the club as his own because of money from Clearlake and Eghbali. And here, too, time was of the essence: the UK government had set a deadline of May 31, 2022 for Chelsea to be sold amid ongoing sanctions against the previous owner, Roman Abramovich, a Russian oligarch.
Since the takeover’s completion, Boehly has taken many of the headlines but Eghbali has played a big part in a lot of internal processes and decision-making. It was the same at Liverpool, where Hicks — despite being introduced to the club by Gillett — always tended to come first when their names were mentioned in tandem.
If anything, Liverpool’s ownership partners fell out even quicker than Chelsea’s. In Brian Reade’s book about the period, An Epic Swindle, he quotes an unnamed senior football executive and a Liverpool fan who met both owners individually.
“It was only two months into their joint ownership of the club but George was talking about his view versus his partner’s view. When I later had lunch with Tom and some of his American associates, I asked about the dynamics of their relationship. Tom shrugged and said, ‘You’d better ask him,’ pointing at a senior figure from Inner Circle Sports, who had brought the two together for the deal.”
From the beginning, there was a lack of understanding about who was really in charge at Liverpool. This stemmed from the fact each partner had an equal number of shares — a difference to Boehly and Clearlake, with the latter’s stake totalling 61.5 per cent and Boehly’s less than 13 per cent.
By December 2007, with further differences being exposed around whether to revamp Anfield or relocate from it — sound familiar, Chelsea fans? — Gillett had already started exploring an exit strategy, having realised he’d made a monumental mistake with his choice of partner.
The challenges of running a business in the meat industry were a little different to a football club the size of Liverpool: a responsibility that invites emotion, attention and criticism, with each factor testing a person’s ego. Those who dealt with Hicks — a brash Texan whose investment firm had initially made money in radio and soft drinks — suggest he had one as big as Mount Rushmore.
Personality clashes are often at the root of co-ownership implosions, although tensions are often strategic as much as personal.
Take Crystal Palace, probably the club whose current ownership issues most closely resemble Chelsea’s in the top flight.
In 2010, Palace were brought out of administration by a group of wealthy local supporters led by Steve Parish. After an unexpected promotion to the Premier League in 2013 and a couple of seasons of struggle, the ownership model changed, with Parish seeking outside investment from America in the form of private equity tycoons Josh Harris and David Blitzer, who bought stakes in 2015, and John Textor, who purchased around 40 per cent of the club six years later. His stake has since crept up to 45 per cent.
Despite their vastly differing-sized stakes, Parish, Textor, Harris and Blitzer all have an equal voting share, which is a problem given the strategic differences between them.
Parish, who runs Palace day to day, wants to follow a long-term sustainable economic model, based around infrastructure improvements, while Textor is keen to attack the transfer market and take advantage of the other elements of his Eagle Football multi-club model (he also owns Ligue 1 club Olympique Lyon, Brazil’s Botafogo and Belgian side RWD Molenbeek). Blitzer and Harris seem happy, by and large, to retain the status quo.
It would be stretching it to claim Palace are in the grip of a Chelsea-style civil war, but the strategic impasse effectively means the club is stuck — hence why Textor is now trying to sell his Palace stake and buy Everton, which Farhad Moshiri has been trying to sell for a couple of years.
Officially, Moshiri has been the sole owner of Everton since 2016 when he displaced the late Bill Kenwright, who stayed on as chairman. Although Kenwright’s power was gone, he remained influential and a high-profile presence around the club, a point which created its own issues. His views did not always align with Moshiri, notably around decisions such as sacking manager Roberto Martinez in 2016 and around some transfers, and the result was barely-controlled chaos.
There was, perhaps, something similar at play with Newcastle United and the recent departures of Amanda Staveley and Mehrdad Ghodoussi — the couple who helped secure the club’s Saudi Arabian-backed takeover in 2021.
At that point, there was no sporting director or CEO at the club, so Staveley and Ghodoussi assumed responsibility for those areas until an executive team was eventually put in place, becoming the public faces of the club’s executive team. But their influence was belied by their 10 per cent ownership stake.
Ultimately, once those pre-existing vacancies had been filled, there was a sense of too many competing voices and, in that scenario, there was only ever going to be one winner.
Will the same thing happen at Manchester United? INEOS and the Glazer family have never worked together before. Sir Jim Ratcliffe has had much influence over the club since his investment but it will be interesting to see what sort of pressure he is subjected to internally if results on the pitch continue.
Co-ownership structures can be a success, but only — it would seem — when the partnerships are not flung together simply through circumstance. Wrexham’s duo of Ryan Reynolds and Rob McElhenney seem to have found a way to work in harmony, although if their project ever reaches the Premier League, with all the attendant scrutiny and financial demands, that partnership could come under renewed scrutiny.
Who knows where Chelsea will be by then? Either way, the chances of Boehly and Egbhali still being in partnership seem minimal.
(Top photos: Getty Images)
Sports
Those who never doubted Cameron Skattebo share validation: ‘No one understood what we were looking at’
Arizona State was picked to finish last in the 16-team Big 12. The Sun Devils are now meeting Texas in the Peach Bowl in the College Football Playoff quarterfinals. The player who sparked that incredible run also epitomizes it.
Cameron Skattebo — 1,568 rushing yards, 19 rushing touchdowns, 506 receiving yards and three receiving touchdowns — went from high school graduate with no FBS offers to fifth-place finisher in the 2024 Heisman Trophy voting. The running back has gone from cult hero to folk hero, displaying an uncanny knack for breaking tackles and for blowing people’s minds.
Leo Skattebo III (Cam’s father): Before he turned 3, we got him a bike for Christmas.
Becky Skattebo (Cam’s mother): He (Cam) argued with my dad (Cam’s grandfather) to take the training wheels off. “I don’t want em! I don’t want em!” wouldn’t take no for an answer. My dad popped them off. “Welp, he’ll eat dirt a couple of times and then he’ll figure it out.”
Leo Skattebo IV (older brother): They took him out on the bike. He goes down the street, and within two minutes, he’s full speed pedaling back and goes, “Watch this!” And he stands up on the seat of the bike coming down the street.
Becky: He’s going, “I don’t have to hold the handlebars!” The neighbors just stood outside hysterically laughing.
Leo III: I think that’s when I knew he was gonna be different.
Becky: At about 18 months, we were sitting at the dinner table and a neighbor knocked on the door. She’s standing there with Cam in a diaper. He had climbed over the fence and dropped over the other side to play with her kids.
The scariest thing he ever did was when he was 2. We were watching his dad play softball. He had been standing next to me and we were watching his dad at bat. It seemed like a split-second but when I turned and looked. He was gone. I started to panic. Everybody was yelling his name. His brother ran to the bathroom and was calling his name. People are looking under the bleachers. Then, the umpire says, “Well, there, he is!”
We looked straight up above us. He had crawled all the way up the chain-link backstop and was looking down on his dad that was at bat. It was like 14 or 16 feet up on those rounded backstops. One of the guys started to climb the fence and Cameron turned around but instead of backing down like a normal person, he came down head first, like a little Spiderman. He’s been doing things that are inexplainable from pretty much Day 1.
Leo III: Yeah, he did a lot of weird things.
Leo IV: All he ever cared about was winning. It didn’t matter if we were playing a video game, or wrestling on the trampoline. He wanted to beat me.
Becky: We had many holes in the sheetrock from the boys wrestling, slinging each other around the house. They never took it easy on him. They tossed him around pretty good, and he’s just always been able to handle it.
Leo IV: I was six years older than him and he wanted to beat me in everything. I didn’t take it easy on him.
Becky: He’d always competed with older kids, whether that was wrestling in the front yard or on the field. When he says he can do something, it’s real hard not to believe that he can do it.
Jack Garceau (Rio Linda (Calif.) High School coach, Skattebo’s coach from 2017-19): I’ve known Cam since he was a little boy, because I coached his older brother, so we’ve always heard about Cam coming up in our youth program. We’d go watch him. He was just a little ball of muscle. He had that little mohawk and it just always fit his image.
I became the head coach when he was a sophomore. It was the first day of spring ball. It was a blocking drill. No pads and he just was not going to lose. If he got beat in any one-on-one drill, he was going again. I came home and told my wife, “This guy is way different than anybody we’ve ever had.”
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In 2018, Rio Linda won its first section title in 14 years, led by Skattebo. The junior running back scored seven touchdowns and ran for 313 yards in a 63-12 win over Casa Roble.
Chris Horner (Casa Roble (CA) High School head coach): After that game, I saw him by the bus. I remember dapping him up. I said, “Bro, you were so fun to watch. I’ve never seen anything like that. Good luck. I’m a huge Rio Linda Knights fan from here on out.”
A few weeks later, on Rio Linda’s opening series of the CIF State Division 5-AA Title Game against San Gorgonio, Skattebo had a 67-yard touchdown run where he broke 11 tackles. He finished with 396 yards and three touchdowns on 29 carries in a 38-35 win. He was doing it all through his parents’ divorce.
Leo IV: My mom and dad had been together for about 20 years. That was hard. It was hard on Cameron. I was away at college. I lived in Ohio, had a son. I wasn’t there to be the big brother for him. And at the most formative moment for him — he’s 16 and everything around him is falling apart. Somehow on Friday nights, he was able to tune out all that emotional distress, when he was falling apart on the inside, and still be the best player in the state. A lot of kids can’t handle that. That showed me this kid has something different than other kids have mentally.
It’s very easy to let that affect you, and start lashing out at other people around you. He just didn’t do that. He continued to be a leader.
Becky: When we split up, his coach was really instrumental in keeping him focused and letting him vent, giving him room when he needed. I don’t think we’ll ever really know if it fueled him or if it almost derailed him.
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That same year, Skattebo led the Knights to the California 5-A state title by rushing for 3,550 yards and 42 touchdowns. He averaged almost 12 yards per carry but he was still a zero-star recruit who had no scholarship offers.
Garceau: Bigger schools did come. We had UCLA, USC. Utah, Air Force but they just passed on him. It made us all kind of doubt ourselves.
Cam Skattebo: I went to UCLA right after my junior year. They told me that I wasn’t good enough for this level. I can’t remember who I was sitting with at the time. It was (Bruins running backs coach Deshaun) Foster’s assistant. Bjian (Robinson) was at the facility and that was their focus. They spelled my name wrong on my name tag. It was just an unofficial visit there. I was just sitting in the back, hanging out. Me and my father. It was a humbling experience.
Troy Taylor (Stanford head coach, former Sacramento State head coach 2019-22): We were evaluating players. I couldn’t really find anybody who said we should go on the kid. I put on the tape. You could see the anger when he ran and the determination. I was five or six clips in and I said, “We’re taking this guy!”
I remember specifically that run (where he broke 11 tackles in the state title game). I just couldn’t believe that no one else would go on the kid. I’m not always right but I decided on the spot. We were his only offer. Everybody missed on that one.
Cam Skattebo: I wasn’t too worried because I knew at some point in my life I was gonna take that next step even if I had to go the juco route. I knew I was gonna make it. But I definitely sat around a lot of days hoping for a text from somebody, which never happened. I finally got Sacramento State, and I was the happiest kid in the world.
Taylor: Then he came to our camp and he was kind of a prick when he competed. It was one-on-ones against the linebackers. He would win the rep and then get up and cut in line and take another rep. He just had that attitude that you don’t want to compete against this kid. I just fell in love with him.
Malcolm Agnew (Sacramento State running back coach, 2021-22): In 2021, he was unbelievable in spring ball because of how physical he was, and because of how competitive he is. It was practice No. 6. This kid touched the ball probably around 10 times that practice, and he scored every time. And we had a pretty good defense.
My favorite play was when we ran this middle screen with him. It was a poor throw, but the dude caught it with his left hand like down towards where his knees are — and he played baseball so he’s really good at tracking the ball — and had the ability to make a guy miss as he was turning and catching it. Then, he made another guy miss and scored. I said to our head coach, “That is one of the best plays I’ve ever seen.”
Taylor: His first game, it looked like he was playing with younger people who didn’t belong on the field with him.
Jason Eck (New Mexico head coach; then-Idaho head coach): He killed us (Idaho) in 2022. He reminds me of Jim Brown highlights.
Agnew: I’ve seen this kid hit standing backflips. I’ve seen this kid broad-jump almost 11 feet. He did a 10-7. I’ve seen him throw a baseball 95 miles an hour to the point where the Sac State baseball coach asked him if he wanted to play in the offseason. We didn’t let him.
In Skattebo’s first season at Sacramento State, he ran for 520 yards, averaging over 9 yards per carry, scoring six touchdowns. In his second year, he had almost 1,900 all-purpose yards and was named Big Sky Conference Offensive Player of the Year, helping the Hornets go 11-0 in the regular season. But after Taylor left to become Stanford’s head coach, Skattebo opted to enter the transfer portal.
Taylor: (Then-Arizona State offensive coordinator) Beau Baldwin called me: “We’re trying to figure out whether to go on Skatt. What do you think?” I said, “Beau, he’s an incredible player. You guys would be crazy not to take him.” Beau pulled the trigger.
The Sun Devils were in the midst of a massive rebuild. They finished 3-9 in 2022 and subsequently hired 32-year-old Kenny Dillingham, an ASU graduate, to lead the program. They were an undermanned team in 2023, but Skattebo emerged as the backbone of the overhaul. He did almost everything for the Sun Devils. He was a finalist for the Paul Hornung Award, given to the nation’s most versatile player. He’d run for 788 yards, but also played some quarterback, completing six passes on 15 attempts for 150 yards and a touchdown. He averaged over 42 yards per punt. He lined up at receiver for another 100-plus snaps.
This year, the Sun Devils were seeded fourth and got a bye in the first iteration of the 12-team College Football Playoff. They will play 5-seed Texas in the Peach Bowl on Jan. 1 for a spot in the Playoff semifinals.
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Marcus Arroyo (ASU offensive coordinator): I think (former USC analyst Kliff) Kingsbury was the first guy who told me about him (Cam). Kliff’s like, “Dude, they got a back down there that is bananas. This little sawed-off White guy.”
Joe Connolly (ASU strength coach): Last season, we saw a lot of flashes of unbelievable balance, unbelievable body awareness. He was our starting quarterback at one point, our starting punter, our starting running back, often playing wide receiver. One of the biggest things we did this offseason was tightening the nutrition, the consistency. He was north of 230 pounds and now he’s around 218. He’s increased his speed and his quickness. All those things really showed this year. He never has to come off the field. He is absolutely relentless.
Cam: I think my top speed was the high 19s (miles per hour on the GPS) last year. Right before training camp this year, I almost hit 21.
Arroyo: The guy can really run. He’s hitting 20 MPH on his GPS in the game. It’s crazy where he doesn’t look like he’s moving that fast sometime. When you see guys go up against real guys, and you’re like, “OK, let’s see what this looks like?” And every time, he takes the torch. God-dang, these guys just can’t even tackle this guy. Against Utah, those guys are really big and fast and talented, and he ran over those guys. He was absolutely insane against Iowa State.
Morgan Scalley (Utah defensive coordinator): For as much punishment as he dishes out, and as much as he takes, he is so durable. His shirt get ripped and all the crap he takes, and he just keeps coming back. He’s like Rocky.
Taylor: I always said he was like a Viking. A couple of hundreds years ago, he’d have been at the front of the boat with horns on his helmet, ready to jump onto the other boat to take it over.
Horner: Our coaches (at Casa Roble) had a text chain while we were watching what he was doing to Iowa State (in the Big 12 title game). It was another level. When we lose to a guy like this doing what he’s doing to a college team, it should make us feel a lot better about that drubbing that he put on us in his junior year of high school. Yeah, we lost to Cameron Skattebo, but so did everybody else!
Taylor: He’s been doubted at every single level, and they’ll doubt him again for the NFL, but watch, he’ll end up being an NFL player — and a good one.
Leo III: Whoever drafts him or wherever he ends up, if he just plays in the preseason, he’ll earn his spot on the team. But if they get him on the field and give him the opportunity, he’s going to make somebody very smart.
Garceau: Now, we all feel validated. We knew exactly what we were looking at and nobody else understood. We would hear everything from he’s too small, he’s too short, he’s not fast enough. There was the stigma of the White running back; the fact that we weren’t a giant school. There was just always that one little thing. I am just glad he got the opportunity to show everybody what he can do. But if you change that, and he maybe he gets a big ride out of high school, maybe we’re not here today.
(Photo: Sam Hodde / Getty Images)
Sports
NFL Hall of Famer calls out George Pickens amid Steelers three-game slide
Pittsburgh Steelers wide receiver George Pickens was singled out by NFL legend Terrell Owens after the Steelers dropped three straight games, including a lopsided loss to the Kansas City Chiefs Christmas Day.
Returning from a three-game absence after a hamstring injury, Pickens was expected to have an impact against the defending champions.
But after just three receptions for 50 yards, the third-year wideout faced scrutiny for his lack of production. Among those calling him out was Hall of Famer Terrell Owens.
Responding to a social media post about Cam Hayward’s postgame comments in which he said, “When 10 guys do their job and one guy doesn’t, we are screwed,” Owens agreed there was a similar issue on offense.
“Same on offense as well when you got #14 not running his routes causing [interceptions,]” Owens said in a post on X.
STEELERS’ GEORGE PICKENS RAISES EYEBROWS OVER POSTGAME HANDSHAKES WITH CHIEFS STARS
Owens seemed to be referencing a play at the end of the first quarter. With the Chiefs leading 13-0, veteran quarterback Russell Wilson threw an interception in the end zone. While taking ownership for the mistake, Wilson acknowledged Pickens was supposed to run another route.
“Yeah, you know, I think he was going to go vertical. But, at the end of the day, it can’t happen. It’s on me,” Wilson said, via FOX 8. “I was trying to give Pat [Freiermuth] a chance. He’s done a good job for us down in the red zone, and they made a good play.”
The Steelers have lost three games in 11 days.
“The bottom line is the junior varsity is not good enough. We’ve got to own that,” head coach Mike Tomlin said.
The Associated Press contributed to this report.
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Sports
Pete Carroll wants to mentor Caleb Williams, coach Bears and teach at USC? He's a young 73
It certainly seems calculated. Pete Carroll, scheduled to begin teaching at USC this spring, has reportedly expressed interest in the Chicago Bears’ head coaching job.
Likely of no coincidence is that the Seattle Seahawks — the team Carroll coached for 14 seasons — visit the Bears on “Thursday Night Football.” The broadcasters are spoon-fed a talking point while noting that the Bears have lost nine games in a row, including all three under interim coach Thomas Brown.
A delicious detail is the shared USC history of Carroll and Bears rookie quarterback Caleb Williams. Carroll coached the Trojans from 2001-2009, posting a 97-19 record and winning national championships in 2003 and 2004. Williams was an appendage to new Trojans coach Lincoln Riley, transferring to USC as a sophomore in 2022 and winning the Heisman Trophy. Although 2023 didn’t go as well, Williams was the first pick in the NFL draft.
Chicago needs an impact coach. Carroll is one, or at least was for a long time, leading the Seahawks to nine consecutive winning records, 10 playoff berths and a Super Bowl title. He is one of four head coaches — Barry Switzer, Jimmy Johnson and Jim Harbaugh are the others — to have led teams to a college national championship and a Super Bowl appearance.
But Carroll is 73 and appeared done when he was nudged out the door by the Seahawks after the 2023 season.
In August, he seemed lukewarm, replying to a question about his coaching future on a Seattle radio station by saying, “I could coach tomorrow. I’m physically in the best shape I’ve been in a long time. I’m ready to do all the activities I’m doing and feeling really good about it. I could, but I’m not desiring it at this point.”
Yet sitting at home watching 17 weeks of football apparently rekindled the fire. Carroll initiated this story. He wants it known. He’s interested in coaching the Bears, according to a report by ESPN’s Adam Schefter.
Remember that in his final days in Seattle he repeatedly said he wanted to continue coaching, putting an exclamation point on his intentions shortly after his last game by saying those comments were “true to the bone.”
NFL head coaches have been skewing younger. If Carroll were hired, he’d be seven years older than the current oldest NFL head coach, Andy Reid, although it bears mention that Reid’s Kansas City Chiefs are 15-1 and defending Super Bowl champions. Carroll has always appeared younger than he is, exhibiting boundless energy and enthusiasm in a profession that can jade men.
The Bears are one of at least three teams — the New Orleans Saints and New York Jets are the others — that will be shopping for a head coach when the season ends. Chicago fired Matt Eberflus on Nov. 29, one day after a 23-20 loss to the Detroit Lions that concluded with perplexing clock mismanagement by the coach and his quarterback.
Williams has had a roller-coaster season, mixing brilliant plays with poor decisions. He’s been sacked a league-leading 60 times yet hasn’t thrown an interception in nine games. Working under Carroll, who developed Russell Wilson even though the pair had their share of differences, could accelerate Williams’ improvement.
All of a sudden, the USC class Carroll is scheduled to co-teach this spring is in jeopardy. The Marshall School of Business offering is called “The Game Is Life: a new course designed to help students develop their personal game plan for life after graduation, while using their USC education to conquer challenges along the way.”
Al Michaels and Kirk Herbstreit can unpack it all Thursday night while the Bears try to win for the first time since Oct. 13 against the Seahawks, whose sideline still seems strange without Carroll bounding, grimacing and grinning.
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