Embattled Hollywood Foreign Press Association Shops its Assets as Interim CEO Todd Boehly Fields Bid

LIVE – Updated at 18:18Catch up with the action and the latest Formula One news from the Monaco Grand Prix after the opening day of practice at the iconic circuit in Monte Carlo. The sight of Formula One cars sweeping their way through the Monte Carlo streets is one of the finest in motorsport and it is set to be an important weekend in the title race as defending champion Max Verstappen looks to increase the pressure on Ferrari’s Charles Leclerc, who will be aiming to deliver glory at his home circuit.

potential acquisition of the Golden Globes. In the letter sent from Isaacs’ partner Yusef Jackson to HFPA president Helen Hoehne and exclusively obtained by TheWrap, the scandal-ridden organization was accused of creating a special committee to vet Pacific Coast Entertainment consisting of three advisers who have a “long-standing financial relationship” with current HFPA CEO Todd Boehly, who is making his own bid to acquire HFPA through his hedge fund, Eldridge Industries. “Ms.

Todd Boehly and the Clearlake Consortium have had their £4bn takeover of Chelsea approved by the Premier League.

Antonio Rudiger has spoken about his frustrations over Chelsea contract negotiations as he prepares to wave goodbye to Stamford Bridge.

Michael Schneider Variety Editor at LargeReach Michael on Twitter @franklinavenue or email [email protected] Hollywood Foreign Press Association drama continues, as it announced last week that it would put itself on the auction block and courting buyers to potentially become a for-profit organization.The HFPA’s interim CEO, Todd Boehly, is negotiating with the HFPA board to buy the org. The HFPA has formed a special committee within the nonprofit organization “to determine potential outside strategic interest in its organization and assets.” The end game is “optimizing the value of the HFPA’s various assets and continue to enhance the organization’s position in the marketplace while strengthening its relationships with various stakeholders,” HFPA stated.Boehly’s Eldridge Industries owns MRC Live and Alternative (formerly Dick Clark Productions), which produces the Golden Globe Awards via a tenuous business relationship with the HFPA.“The HFPA is committed to a thorough and swift review of its potential strategic alternatives to identify a path forward that is in its best interests.

Sidley Austin, a law firm with offices in the U.S., Europe and Asia-Pacific, is going big on sports law. Our sister site Sportico has learned that Charles “Chuck” Baker and Irwin Raij, most recently co-chairs of O’Melveny & Myers’ sports industry group, are joining Sidley as co-chairs of its Entertainment, Sports and Media industry group. The move will bring expertise in ownership transactions, stadium construction, media rights and international deal making.Baker has negotiated on behalf of buyers and sellers of pro teams.

proposed partnership with former AMPAS President Cheryl Boone Isaacs and her Pacific Coast Entertainment to improve the “tarnished” image of the HFPA.The HFPA on Friday also announced that Boehly’s proposal and any alternatives would be reviewed by a special committee make up of producer Sharlette Hambrick, veteran nonprofit executive Jeff Harris and C-level communications marketing executive Joanna Massey — who were all named as independent members of the HFPA board last September. The three will work with financial and legal advisers from Houlihan Lokey to evaluate Boehly’s proposal as well as any others.

Eldridge Industries boss Todd Boehly may own the Premier League’s Chelsea now, but the Golden Globes continues to elude the HFPA interim CEO, for now.