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Chelsea chairman leaves club after selling ownership stake

Clearlake Capital will take full control and says there will be no changes to day-to-day operations, leadership or strategy.

  • 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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Lean Left

Todd Boely is no longer among the owners of Chelsea. The American businessman has sold his share and is leaving the presidency of the "blues". Majority owner "Clearlake Capital" takes full control of the London club, after buying out the shares of Mark Walters. The management of Chelsea is now in the hands of Behdad Egbal and Jose Feliciano. The two increased their shares to 99.9%. Stamford Bridge assured that there are no other changes in the m…

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Lean Right

Clearlake Capital acquired full control of the London club, becoming its sole owner.

·Kyiv, Ukraine
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Lean Left

The American company Clarlic Capital has taken over the shares of Todd Boyle and Mark Walter in Chelsea, becoming the fully dominant owner of the English Club, with Hans Jürg Vis continuing to contribute.

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NBC LA broke the news in Los Angeles, United States on Wednesday, September 16, 2026.
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