Chelsea co-owners Boehly & Walter explore selling stakes
Chelsea chairman Todd Boehly and director Mark Walter have explored selling their stakes in the club to majority owner Clearlake Capital. Multiple sources say talks have begun within Chelsea’s ownership group after a rift, first apparent in 2024, led both sides to explore buying each other out. However, it has since emerged that Clearlake – the club’s majority […]
Chelsea co-owners Todd Boehly and Mark Walter are considering selling their shares in the club to Clearlake Capital, the club's majority owner. The two men have been at odds since 2024, with talks of a buyout initiated by both parties. Clearlake, led by Behdad Eghbali and Jose E. Feliciano, now has the opportunity to purchase their minority stake.
Each co-owner owns 12.8% of the club, valuing it at £5bn, which would result in a payout of approximately £640m per person in the event of a sale. Swiss billionaire Hansjorg Wyss, a third co-owner, holds a similar 12.8% stake, though his involvement remains uncertain. Boehly, who recently sold the Los Angeles Lakers for $12.5bn, is the chairman of Chelsea and will be replaced by a Clearlake-appointed representative at the end of the season.
The club finished 10th in the Premier League last season and recently appointed Xabi Alonso as their new manager. US federal prosecutors and the Securities and Exchange Commission are currently investigating businesses linked to Walter's company empire. Tensions have arisen over plans to either redevelop Stamford Bridge or relocate the club to a new stadium, with differing views on the project's design and scale between Boehly and Clearlake.
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- Chelsea co-owners Boehly & Walter explore selling stakes myjoyonline.com
