Read Todd Boehly’s statement after selling Chelsea stake to Clearlake Capital
Todd Boehly and Mark Walter have sold their minority stakes in English soccer club Chelsea FC to Clearlake Capital Group. Todd Boehly has been extremely active as the co-controlling owner and Chairman of Chelsea FC since he helped lead a consortium which bought the club in 2022.
Todd Boehly and Mark Walter recently sold their minority shares in English football club Chelsea FC to Clearlake Capital Group. Boehly, who has been a key figure at the club since helping to acquire it in 2022, has been praised for his active role and aggressive spending, which has been met with both admiration and criticism.
On Wednesday, it was announced that Boehly and Walter had transferred their ownership stakes to Clearlake Capital, which is now the club's sole owner. In a statement, Boehly expressed gratitude towards the many individuals who contributed to the club's future success, including the English Premier League, coaches, players, leadership, staff, and fans.
Boehly acknowledged his partnership with Clearlake and the investment made to support Chelsea's immediate and long-term prosperity, expressing confidence in the club's future under Clearlake's leadership. Despite the uncertainty surrounding Walter's involvement, Boehly's departure from the club is likely to be closely watched, with questions about the broader implications for the ownership group, particularly concerning the Lakers and Dodgers.
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