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Boehly and Walter exit Chelsea as Clearlake takes full control

Todd Boehly and Mark Walter have sold their Chelsea stakes to Clearlake Capital, which now holds complete ownership of the club. Swiss billionaire Hansjorg Wyss also divested his holding.

By The UK Pulse Editorial Team··1 min read·How we work
'Breaking' graphic

Chelsea chairman Todd Boehly and director Mark Walter have divested their ownership stakes in the club to majority shareholder Clearlake Capital, completing a significant shift in the club's governance structure.

Swiss billionaire Hansjorg Wyss has similarly sold his holding, enabling Clearlake—managed by co-founders Behdad Eghbali and Jose E. Feliciano—to consolidate complete ownership of the Premier League side.

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Each of the three departing investors held a 12.8% stake in the club. Clearlake's ownership position has expanded from its previous 61.5% holding to encompass the entire organisation following these transactions.

Boehly, an American businessman, will step down from his position as chairman, a role he has occupied since 2022. He assumed the chairmanship when the investment consortium acquired Chelsea from Roman Abramovich for £2.3 billion that same year.

This article was sourced from bbc

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