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‘It has been an honour’ – Boehly speaks out as Clearlake Capital takes over Chelsea

The deal gives Clearlake complete control over the direction of the club, with Boehly stepping down from his role as chairman.

‘It has been an honour’ – Boehly speaks out as Clearlake Capital takes over Chelsea

Chelsea Football Club has undergone a significant ownership change, with Clearlake Capital, led by Behdad Eghbali and José E. Feliciano, acquiring the minority stakes held by Todd Boehly and Mark Walter. This acquisition grants Clearlake full control over the club's future direction, prompting Boehly to resign from his chairman position.

Boehly expressed his gratitude for the honor of serving as chairman, stating, "It has been an honour to serve as Chairman of Chelsea Football Club. I would like to thank the many who helped secure a bright future for the Club. "He is confident in the club's position for continued success under Clearlake's guidance. The sale signifies a complete separation for Boehly and Walter, who had previously shared minority stakes with Swiss billionaire Hansjörg Wyss.

Although Boehly and Walter depart, Wyss retains a significant stake and remains an active partner in the updated leadership structure. Despite this shift in ownership, day-to-day operations at Stamford Bridge remain unchanged, with the club confirming that there will be no alterations to the current executive team, operational staff, or long-term strategy.

This includes the ongoing investment in youth development, recruitment, and infrastructure projects at Cobham. Currently sitting sixth in the Premier League, Chelsea looks forward to building long-term success with the newly streamlined ownership arrangement focusing on both on-pitch and off-pitch developments.

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

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