Chelsea chairman Todd Boehly and director Mark Walter sell stakes to Clearlake Capital
Quick Look
- Chelsea chairman Todd Boehly, director Mark Walter, and Swiss billionaire Hansjorg Wyss have sold their 12.8% stakes each to majority owner Clearlake Capital, giving the US-led consortium full control of the club.
- Boehly will step down as chairman, a role he held since the consortium's £2.3bn purchase from Roman Abramovich in 2022.
AI-generated summary
Why It Matters
Clearlake Capital, led by Behdad Eghbali and Jose E. Feliciano, acquired a 61.5% stake in Chelsea Football Club in 2022 when they purchased the club from Roman Abramovich for £2.3 billion.
Chelsea chairman Todd Boehly and director Mark Walter have sold their stakes in the club to majority owner Clearlake Capital.
Swiss billionaire Hansjorg Wyss has also sold his stake, meaning Clearlake - led by co-founders Behdad Eghbali and Jose E. Feliciano - have now acquired full control of the club.
Boehly, Walter and Wyss each had a 12.8% stake, with Clearlake previously owning 61.5% of the Blues.
American Boehly will leave his role as chairman, a position he has held since 2022, when the consortium bought the club from Roman Abramovich for £2.3bn.
More to follow.
What to Watch
AI outlook — possibilities, not facts
Todd Boehly will leave his role as chairman.
Very likely · Within days
Open Questions
- What will be the future roles of Boehly, Walter, and Wyss after leaving Chelsea?
- Does Clearlake plan any further investment or changes in club management?
- How will the full ownership change affect Chelsea's transfer strategy and operations?
