Jos\u00e9 E. Feliciano is reported to be finalising a purchase of the San Diego Padres in what has been described as a record-shattering deal. The reported fee of $3.9 million would eclipse the previous high-water mark set by Steve Cohen when he bought the New York Mets for $2.42 billion in 2020. An official announcement is expected next week.<\/p>\n
Feliciano and his wife Kwanza Jones are said to have secured the agreement after outbidding three other groups, including one led by Everton owner Dan Friedkin. Padres players revealed he\u2019s already had some talks with the incoming ownership group and that he\u2019s \u201clooking forward to meeting them.\u201d<\/p>\n
The move adds another U.S. sports holding to the portfolio of a figure tied to English football ownership. Clearlake Capital remain majority owners of Chelsea with a 61.85% share. Alongside minority owners Todd Boehly, Mark Walter and Hansj\u00f6rg Wyss, Clearlake helped found the BlueCo ownership group, which also includes Ligue 1 side Strasbourg. Feliciano will become the second prominent member of BlueCo to hold an interest in Major League Baseball, creating a new layer to the group dynamic with Boehly.<\/p>\n
Boehly has held a 20% stake in the Los Angeles Dodgers since 2012 and also owns a minority interest in the Los Angeles Lakers. The Dodgers have won three World Series titles since the start of the decade and eliminated the Padres twice on their way to those championships. Feliciano\u2019s arrival therefore places him immediately into one of MLB\u2019s most intense divisional rivalries.<\/p>\n
The acquisition also reflects a broader trend of U.S. influence across English football ownership. Eleven clubs participating in the 2025\u201326 Premier League season are backed by majority American ownership. The Glazer family\u2019s takeover of Manchester United in 2005 is credited with starting that pattern. Other cross-Atlantic owners cited in this context include Stan Kronke, Fenway Sports Group and the San Francisco 49ers ownership group, as well as Woody Johnson. Bournemouth and Fulham\u2019s majority owners are noted as holding stakes in the Las Vegas Golden Knights and the Jacksonville Jaguars respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"
Chelsea co-owner Jos\u00e9 E. Feliciano nears a record-shattering deal to buy the San Diego Padres. Update<\/p>\n","protected":false},"author":1,"featured_media":12230,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[190,172],"tags":[1592,1593],"class_list":["post-12231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chelsea","category-epl","tag-mlb","tag-ownership-groups"],"_links":{"self":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/12231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/comments?post=12231"}],"version-history":[{"count":0,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/posts\/12231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media\/12230"}],"wp:attachment":[{"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/media?parent=12231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/categories?post=12231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.weplayfpl.com\/news-articles\/wp-json\/wp\/v2\/tags?post=12231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}