Chelsea co-owners Boehly & Walter explore selling stakes

Chairman Todd Boehly and director Mark Walter of Chelsea Football Club are considering selling their 12.8% stakes in the club to majority owner Clearlake Capital. Sources indicate that disagreements within the ownership group, which began in 2024, have led both sides to explore potential buyouts. Clearlake, which holds a 61.5% stake in the club, could now buy out the minority partners.

Boehly and Walter both value the club at £5bn, meaning they would each receive around £640m from a sale. Swiss billionaire Hansjorg Wyss, who owns 12.8% of the club, has a close relationship with the pair, though his position remains uncertain. Boehly, a co-owner and CEO of Guggenheim Partners, recently sold the Los Angeles Lakers for $12.5bn.

The club finished 10th in the Premier League last season and has appointed new manager Xabi Alonso. Chelsea's chairman is set to be replaced by a Clearlake-appointed representative at the end of the season. The ownership group has differences over the redevelopment plans for the club's stadium, with Boehly advocating for a specific design and scale, while others prefer a different approach.