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Boehly and Walter sell Chelsea stakes to Clearlake

Clearlake Capital acquires full control of Chelsea as chairman Todd Boehly, director Mark Walter and Hansjorg Wyss sell their stakes in the club.

Boehly and Walter sell Chelsea stakes to Clearlake

Boehly and Walter have sold their stakes in Chelsea to Clearlake Capital, leading to Clearlake, led by Behdad Eghbali and Jose E. Feliciano, now having full control of the club. Boehly and Walter, along with Swiss billionaire Hansjorg Wyss, each held a 12.8% stake in the club, with Clearlake previously owning 61.5%. Boehly will relinquish his role as chairman, a position he held since 2022 when the consortium bought the club for £2.3bn from Roman Abramovich.

The club announced that Wyss will remain an important stakeholder and partner. Boehly, who is also a co-owner of the Los Angeles Dodgers, expressed his gratitude for the club's success under Clearlake's leadership. The club stated that no changes will be made to the day-to-day operations, leadership, or strategy under Clearlake's ownership.

Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

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