Chelsea chairman and director sell stakes in club to majority owner Clearlake
Summary
Chelsea chairman Todd Boehly and director Mark Walter have sold their stakes in the football club to the main owner, Clearlake Capital, giving Clearlake full control. Boehly will step down as chairman, and the club says daily operations and strategy will continue as usual.Key Facts
- Todd Boehly and Mark Walter each owned 12.8% of Chelsea and have sold their shares to Clearlake Capital.
- Clearlake Capital already owned 61.5% of Chelsea and now has full ownership.
- Swiss billionaire Hansjorg Wyss also sold his 12.8% stake in the club.
- Boehly bought the club in 2022 with others for £2.3 billion from Roman Abramovich.
- Abramovich was sanctioned by the UK government in 2022 over alleged links to Russian President Vladimir Putin, which he denies.
- Chelsea’s best Premier League result under this ownership was fourth place in 2024-25.
- The club won the UEFA Conference League and FIFA Club World Cup in 2024-25.
- Chelsea appointed Xabi Alonso as their manager in summer 2026.
- Plans for a new or redeveloped Stamford Bridge stadium have caused some disagreements among owners.
- Clearlake says there will be no change in club leadership or daily management after the ownership change.
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