Chelsea: Clearlake Capital acquires full control as Todd Boehly, Mark Walter and Hansjorg Wyss sell stakes
BBC • • sports
Key Points:
- Chelsea chairman Todd Boehly and director Mark Walter have sold their 12.8% stakes in the club to majority owner Clearlake Capital, which now holds full control after also acquiring Swiss billionaire Hansjorg Wyss's 12.8% stake.
- Boehly, who became chairman in 2022 after the consortium purchased Chelsea for £2.3bn from Roman Abramovich, will step down, ending a tenure marked by a fourth-place Premier League finish and victories in the UEFA Conference League and FIFA Club World Cup.
- The ownership change follows reported internal rifts within Chelsea's ownership group that began in 2024, with ongoing plans for Stamford Bridge redevelopment or relocation cited as a source of tension.
- Clearlake co-founders Behdad Eghbali and Jose E. Feliciano emphasized their commitment to investing in the club's infrastructure, sporting performance, and long-term success, assuring no immediate changes to daily operations or leadership.
- Mark Walter has recently sold the Los Angeles Lakers for a record $12.5bn and faces investigations by US federal prosecutors and the SEC into companies within his business empire.
