Boehly, Walter consider selling Chelsea stake
Chelsea chairman, Todd Boehly, and director, Mark Walter, are considering selling their stakes in the Premier League side to the club’s majority owner Clearlake Capital, according to reports on Monday. American billionaires Boehly and Walter were two of the investors who partnered with Clearlake to buy Chelsea from Roman Abramovich for £2.5 billion ($3.3 billion) … The post Boehly, Walter…
Chelsea chairman Todd Boehly and director Mark Walter are contemplating the sale of their shares in the Premier League club to Clearlake Capital, the majority owner, according to recent reports. Boehly and Walter, along with fellow investor Hansjorg Wyss, originally invested in Chelsea through private equity firm Clearlake in May 2022 for £2.5 billion ($3.3 billion). Currently, Clearlake owns 62% of Chelsea, while Boehly, Walter, and Wyss collectively hold 38% through Blueco Holdings.
Reports suggest that Boehly has been unsatisfied with Chelsea's recent decisions, particularly concerning player recruitment, managerial changes, and the proposed new stadium. The duo has attempted to buy each other out of Chelsea multiple times over the past two years. Boehly and Walter believe the club's value could reach £5 billion if they were to sell their stake.
The pair are not only business partners but also friends, having previously invested together in baseball's Los Angeles Dodgers and LA Sparks' women's basketball team. Chelsea concluded the 2023-24 season in 10th place in the Premier League, appointing Xabi Alonso as their new manager. The 2026-27 season with the Blues begins with a match against Fulham on August 24.
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