Chelsea chairman Todd Boehly and director Mark Walter have sold their stakes in the club to majority owner Clearlake Capital.
Key facts
- •Clearlake Capital has acquired the ownership interests of Todd Boehly and Mark Walter.
- •Todd Boehly is stepping down as chairman of Chelsea Football Club.
- •The consortium originally purchased Chelsea from Roman Abramovich in 2022 for £2.3 billion.
- •Clearlake Capital previously held a 61.5% majority stake in the club.
- •Xabi Alonso was appointed as the club's manager during the summer.
Chelsea chairman Todd Boehly and director Mark Walter have sold their ownership stakes in the club to Clearlake Capital, granting the private equity firm full control of the Premier League team. The transition follows a period of internal tension within the ownership group that began in 2024. Boehly, who has served as chairman since the consortium purchased the club in 2022, will step down from his role as part of the agreement.
By the numbers
Ownership Transition Details
Before the sale, Clearlake Capital held a 61.5% stake in Chelsea, while Boehly, Walter, and Swiss billionaire Hansjörg Wyss each held 12.8% shares. While BBC Sport reported that Wyss also sold his stake, a statement released by the club on Wednesday indicated that Wyss would remain a stakeholder and partner in the ownership group. Clearlake co-founders Behdad Eghbali and Jose E. Feliciano stated that their focus remains on investing in the club's infrastructure, player development, and sporting performance.
Context of the Sale
The ownership group originally acquired Chelsea from Roman Abramovich in 2022 for £2.3 billion following government sanctions against the former owner. Since that takeover, the club has undergone significant personnel turnover and implemented a strategy focused on signing young players to long-term contracts. Chelsea finished 10th in the Premier League last season and appointed Xabi Alonso as manager during the summer.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by BBC Sport, Guardian Football.
