Former Chelsea Owners Boehly and Walter Sell Holdings to Clearlake
Clearlake Capital now controls Chelsea after Todd Boehly and Mark Walter sold their stakes, and the club said there will be no changes to operations.
- On Wednesday, Todd Boehly and Mark Walter sold their stakes in Chelsea Football Club to majority owner Clearlake Capital, granting the private equity firm full control of the English Premier League club.
- Boehly and Clearlake's relationship soured over recent years amid disagreements on Stamford Bridge development, leading each side to pursue a buyout in 2024.
- Valuing Chelsea at $5 billion, the deal provides Boehly and Walter $1.3 billion for their combined stakes, according to The Financial Times; Swiss philanthropist Hansjorg Wyss remains a partner.
- Boehly will vacate his role as chairman, a position he held since 2022. "It has been an honour to serve as Chairman of Chelsea Football Club," he said.
- With Clearlake now in full control, Chelsea confirmed there will be no changes to day-to-day operations or strategy. The situation may soon accelerate, marking a new chapter for the English Premier League club.
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PressNewsAgencyFormer Chelsea owners Boehly and Walter sell holdings to Clearlake
LONDON, Sept 17 : Chelsea confirmed on Wednesday that Clearlake Capital Group will be buying out the minority interests of co-owners Todd Boehly and Mark Walter and taking full control of the English Premier League club.American Boehly will stand down as chairman of the west London club after the widely antic
Todd Boehly OUT as Chelsea chairman as he claims club has 'bright future' in parting message
Chelsea chairman Todd Boehly has left his role as Chelsea chairman as he sold his stakes after more than four years with the West London club. Director Mark Walter has joined the American billionaire businesses is stepping away from the club, as the pair sold their shares to private equity firm Clearlake Capital. Boehly and Walter joined the five-time Premier League champions in May 2022 after buying the club from Roman Abramovich in a sale mand…
Chelsea Strikes Deal for Exit of Walter, Boehly as Shareholders
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