Boehly and Walter consider selling Chelsea stake to Clearlake Capital

Chelsea chairman Todd Boehly and director Mark Walter are reportedly mulling the idea of selling their shares in the Premier League club to Clearlake Capital, according to recent reports. Boehly and Walter joined forces with Clearlake Capital in 2022 to purchase Chelsea from Roman Abramovich for £2.5 billion ($3.3 billion). Currently, Clearlake owns 62% of Chelsea, while Boehly, Walter, and investor Hansjorg Wyss collectively hold the remaining 38% through their holding company, Blueco Holdings.

According to sources, Boehly has expressed dissatisfaction with Chelsea's direction, particularly in terms of player recruitment, managerial decisions, and the proposed new stadium plan. There have been previous attempts by Boehly and Clearlake to buy each other out of the club over the past two years.

Boehly and Walter believe that Chelsea could be worth £5 billion if they decide to sell their stake in the club. The pair's connection extends beyond their roles in Chelsea; they have also invested together in baseball's Los Angeles Dodgers and LA Sparks, a women's basketball franchise. After a disappointing 10th-place finish in the Premier League last season, Chelsea appointed Xabi Alonso as their new manager. The 2026-27 season kicks off for Chelsea with a match against Fulham on August 24.