Chelsea Football Club has undergone a significant ownership shake-up after Todd Boehly and Mark Walter agreed to sell their respective stakes in the club to Clearlake Capital, handing the American private equity firm complete control of the Premier League side.
The deal, confirmed in a club statement released on Wednesday evening, brings an end to Boehly's four-year tenure as chairman, a role he had held since the consortium acquired Chelsea from Roman Abramovich for £2.3billion in 2022 following the Russian owner's sanctioning by the UK government. Boehly and Walter each held a 12.8% stake in the club, while Clearlake had previously controlled 61.5%. Swiss billionaire Hansjörg Wyss, who also owned a 12.8% share, is set to remain part of the ownership structure, with the club describing him as continuing to be