Boehly and Walter sell their stakes in Chelsea to Clearlake
Todd Boehly and Mark Walter have sold their shares in Chelsea, handing majority owner Clearlake Capital full control of the club.
Clearlake, run by co-founders Behdad Eghbali and Jose E. Feliciano, previously held a 61.5% stake in the Blues. Boehly, Walter and fellow investor Hansjorg Wyss each owned 12.8%.
Boehly steps down as chairman as a result of the deal, a role he had held since the consortium’s £2.3bn purchase of Chelsea from Roman Abramovich in 2022. Wyss, however, stays involved, with the club saying he “will remain an important stakeholder and partner in the ownership group”.
Boehly and Walter have additionally sold their shareholding in Strasbourg, Chelsea’s Ligue 1 sister club.
In a statement, Boehly called it an “honour” to have served as Chelsea chairman.
“I would like to thank the many who helped secure a bright future for the club, including the English Premier League, the coaches and players, the talented leadership and staff at Chelsea, and the legions of dedicated fans,” he said.
“I have valued my partnership with Clearlake and the wider ownership group, and the collective decisions and investment we have made to support the immediate and long-term success of the club. I am confident that Chelsea is well positioned for continued success under Clearlake’s leadership.”
Eghbali and Feliciano thanked Boehly for his “time and contribution” as chairman, adding he will “always be a part of the Chelsea story and family”.
The pair said their priority going forward is to “continue investing in the club’s infrastructure, sporting performance, player development and delivering long-term success for Chelsea and the club’s supporters”.
Chelsea have not finished higher than fourth in the Premier League since the 2022 takeover, a mark reached in 2024-25 – a season that also brought Uefa Conference League and Fifa Club World Cup triumphs. The club finished 10th last season before appointing Xabi Alonso as manager in the summer.
Chelsea’s ownership has continued to weigh up whether to redevelop Stamford Bridge or relocate to a new stadium.
A club statement confirmed there will be “no changes to the day-to-day operations, leadership or strategy at the club” following Clearlake’s move to full ownership.