Chelsea: Clearlake Capital Takes Full Control as Boehly, Walter, and Wyss Exit

Todd Boehly, the chairman of Chelsea, and director Mark Walter have sold their shares in the Premier League club to majority owner Clearlake Capital. Swiss billionaire Hansjorg Wyss has also divested his stake, completing the transfer of full control to the private equity firm.

Clearlake, co-led by Behdad Eghbali and Jose E. Feliciano, now holds 100% of the club. Prior to this transaction, the investment group owned 61.5%, while Boehly, Walter, and Wyss each held a 12.8% share.

Boehly is set to step down from his role as chairman, a position he has occupied since the consortium purchased the club from Roman Abramovich for £2.3bn in 2022. Abramovich was sanctioned by the UK government in March of that year over alleged ties to Russian President Vladimir Putin, allegations he has consistently denied.

The sale follows reports from BBC Sport in August indicating that Boehly and Walter were considering selling their interests. Sources suggested that negotiations began within the ownership group after a rift emerged in 2024, prompting both sides to explore buyout options.

Boehly, who is also a co-owner of the Los Angeles Dodgers baseball franchise, described his tenure as an honour. He thanked the English Premier League, coaching staff, players, and the dedicated fanbase for their support.

“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,” Boehly said. “I am confident that Chelsea is well positioned for continued success under Clearlake’s leadership.”