Chelsea co-owners Boehly & Walter explore selling stakes
Chelsea chairman Todd Boehly and director Mark Walter explore selling their stakes in the club to majority owner Clearlake Capital.
Chelsea co-owners Todd Boehly and Mark Walter are considering selling their stakes in the club to majority owner Clearlake Capital. This potential sale comes after a rift within the ownership group, first noticeable in 2024. Clearlake, which holds a 61.5% stake in Chelsea, could now make a move to buy out the minority partners, Boehly and Walter, each owning a 12.8% share.
The value placed on the club by Boehly and Walter is £5bn, suggesting each would receive roughly £640m from a sale. Swiss billionaire Hansjorg Wyss, aligned with Boehly and Walter, also owns an additional 12.8% stake, though his involvement remains uncertain. Walter, CEO of Guggenheim Partners, recently sold the Los Angeles Lakers for a record-breaking $12.5bn.
US federal prosecutors and the Securities and Exchange Commission are currently investigating various entities within Walter's business empire. Chelsea finished 10th in the Premier League last season and recently appointed Xabi Alonso as their new manager. The club is planning a stadium redevelopment or a move to a new location, a topic of contention between Boehly and Clearlake over design and scale.
Both Boehly's team and Clearlake are reportedly in favor of the stadium development, but differences persist over its specifics. No Chelsea player transfer deals are expected to conclude as the deadline has passed.
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