Boehly and Walter sell Chelsea stakes to Clearlake
Chelsea chairman Todd Boehly and director Mark Walter have sold their stakes in the club to majority owner Clearlake Capital. It means Clearlake – led by co-founders Behdad Eghbali and Jose E. Feliciano – have now acquired full control of the club. Boehly, Walter and Swiss billionaire Hansjorg Wyss each had a 12.8% stake, with […]
Chelsea chairman Todd Boehly has sold his stake in the club, along with fellow minority owners Mark Walter and Hansjorg Wyss, to Clearlake Capital. The minority owners are now leaving the club with 100% control falling into the hands of Clearlake, led by Behdad Eghbali and Jose Feliciano. The exact sale price remains undisclosed, but it is presumed that the minority owners sold their shares for a profit.
In a statement, Boehly expressed his gratitude for his partnership with Clearlake and the shared responsibility for the club's future success. Despite rumors of tension between Boehly and Clearlake head Behdad Eghbali, the new unified ownership hopes to steer the club towards improvement. Meanwhile, Joao Pedro will miss Brazil's international games and Chelsea's upcoming match against Brentford due to injury.
Xabi Alonso, however, might be more available for Friday night's game, but there could be long-term implications for the team's decision to field him.
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- Boehly and Walter sell Chelsea stakes to Clearlake sports.yahoo.com
- Mark Walter and Todd Boehly sell Chelsea stakes to Clearlake investing.com
