Walter's company, TWG Global, has investments in several sports organisations, including the LA Dodgers and the LA Sparks. He has been a stakeholder in the Lakers since 2021.
According to a spokesperson, Walter is entering into an agreement to acquire additional interests in the Lakers. This move may have significant implications for Chelsea, as Walter's investment in the club may decrease.
Some of Chelsea's players, such as Estêvão, Liam Delap, and Mamadou Sarr, were signed during the summer, and their futures may be impacted by Walter's reduced investment in the club.
Manager Enzo Maresca may need to reassess his plans for the upcoming season, including a possible bid for West Ham United's Mohamed Kudus.
Former Lakers legend Magic Johnson, who is also a business partner of Walter's, has expressed his support for the deal. He believes that Walter will be a great caretaker of the Laker brand and will work hard to produce a championship-caliber team every year.
