Chelsea are undergoing significant changes in their executive team, including the departure of President of Business Tom Glick, as per an announcement by Chelsea chief executive Chris Jurasek according to the Daily Mail.
Glick, who served in his role for just over a year, will leave the club at the end of this month. This move is part of a series of departures from the club since the takeover by American owners Todd Boehly and Clearlake Capital in 2022.
Jurasek, who was appointed in May, has been quick to restructure the club’s leadership team as Chelsea aims to boost its revenue. The club has spent over £1 billion on transfers since the takeover, increasing the pressure to generate more income.
The first of the three executive appointments is Jason Gannon, who will be Chief Operating Officer.
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Gannon, who previously served as Managing Director of SoFi Stadium, the home of the NFL’s Los Angeles Rams and Los Angeles Chargers, is set to bring his experience to Chelsea.
He is expected to play a crucial role in the club’s plans for redeveloping their stadium. Adriel Lares, formerly associated with the San Francisco-based financial services firm Stash, will assume the position of Chief Financial Officer.
Casper Stylsvig, who has prior experience as the sponsorship director at both Manchester United and AC Milan, will join Chelsea as Chief Revenue Officer in the coming month.
His primary goal is to diversify the club’s sources of revenue, as Chelsea had previously been heavily reliant on support from the club’s former owner, Roman Abramovich.
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Chelsea’s new executive team faces a daunting challenge as the club has had a lacklustre start to the season, sitting in 11th place in the Premier League.
As part of these changes, the sales and marketing teams will combine in an open office setting. The Blues’ branding will take a prominent place in all club lobbies, reflecting a more corporate-focused approach.
With these new leaders in place, Chelsea are gearing up for a new chapter in their off-field operations.
