Todd Boehly and Mark Walter sell Chelsea stakes to Clearlake

Chelsea FC chairman Todd Boehly and club director Mark Walter have officially sold their entire equity stakes in the club to majority shareholder Clearlake Capital. This major shift in ownership restructures the boardroom dynamics at Stamford Bridge significantly.

Alongside the departure of the two American executives, Swiss billionaire Hansjorg Wyss has also divested his shareholding in full. This complete buyout means Clearlake Capital, led by co-founders Behdad Eghbali and Jose E. Feliciano, has now acquired absolute control of the Premier League club.

Prior to this transaction, Boehly, Walter, and Wyss each held an identical 12.8% stake in the club, while Clearlake previously accounted for 61.5% of the Blues. The latest share acquisition consolidates the private equity firm's complete dominion over the club.

Stock photo for illustration only, not from the actual event

As a direct result of the restructuring, the American-born Boehly will step down from his position as chairman. He had held the leadership role since 2022, when his consortium originally purchased the west London club from Roman Abramovich for a staggering £2.3bn.

Source: BBC Sport