Boehly steps down as Chelsea chairman

Boehly steps down as Chelsea chairman after selling his stake in the club to majority owner Clearlake Capital, which has now taken full control. Boehly, along with director Mark Walter, sold their shares in a deal that hands Clearlake complete ownership. Clearlake, led by co-founders Behdad Eghbali and José E. Feliciano, paid approaching £1 billion for the stakes, representing about a quarter of the club.

The club confirmed Hansjörg Wyss will remain an important stakeholder and partner in the ownership group. Boehly has held the chairman role since 2022, when the consortium bought Chelsea for £2.3 billion from Roman Abramovich following UK government sanctions. He will leave the position as part of the transaction.

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