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.
121 Articles
121 Articles
Todd Boehly is leaving his position as chairman of the London club, which is now 88% owned by Clearlake.
Clearlake takes full control of Chelsea; Boehly and Walter sell 950 million pounds (EUR 1,108.3 million), the Financial Times advances.
Along with Boeli, Mark Walter is also leaving - Both had acquired Chelsea in May 2022 from Roman Abramovich
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…
Clearlake Capital acquired full control of the London club, becoming its sole owner.
Chelsea ownership changes as Clearlake Capital takes full control
Todd Boehly and fellow co-owner Mark Walter have sold their stakes in Chelsea, handing full control of the Premier League club to private equity firm Clearlake Capital. Clearlake previously held a 61.5% share in Chelsea, with Boehly and Walter each owning 12.83%. Swiss philanthropist Hansjorg Wyss, who also held a 12.83% stake, will remain part […]
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