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Chelsea chairman Todd Boehly and director Mark Walter have sold their 12.8% stakes in the club to Clearlake Capital, which now owns full control of Chelsea following this acquisition. Previously owning 61.5%, Clearlake co-founders Behdad Eghbali and Jose E. Feliciano thanked Boehly for his contributions since the consortium's £2.3bn purchase in 2022. The club's recent performances include a fourth-place finish in the Premier League and victories in the Uefa Conference League and Fifa Club World Cup, though there have been tensions over player turnover and plans for stadium development.
Written by the local model on 2026-09-17,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
Chelsea Football Club announced on Wednesday that Clearlake Capital, led by Behdad Eghbali and Jose E. Feliciano, has acquired full control of the club after purchasing stakes from Todd Boehly, Mark Walter, and Swiss billionaire Hansjorg Wyss. Each sold their 12.8% stake; previously, Clearlake owned 61.5%. The deal reportedly values Chelsea at around £5 billion and sees Boehly and Walter make a slight profit on their initial investments, which were part of the £2.3 billion consortium purchase from Roman Abramovich in March 2022. Abramovich was sanctioned by the UK government due to alleged links to Russian President Vladimir Putin, though he has denied these claims. The sale marks Boehly's departure as chairman after four years, with Clearlake now focusing on long-term success and continued investment in infrastructure and player development.
Written for “Chelsea Ownership Changes” on 2026-09-17,
grounded in this article and the 2 other(s) covering the same event.
- Published
Chelsea chairman Todd Boehly and director Mark Walter have sold their stakes in the club to majority owner Clearlake Capital.
asserted
Boehly → publish → Capital
Swiss billionaire Hansjorg Wyss has also sold his stake, meaning Clearlake - led by co-founders Behdad Eghbali and Jose E. Feliciano - have now acquired full control of the club.
asserted
Clearlake → sell → club
Boehly, Walter and Wyss each had a 12.8% stake, with Clearlake previously owning 61.5% of the Blues.
asserted
Clearlake → have → Blues
American Boehly will leave his role as chairman, a position he has held since 2022, when the consortium bought the club for £2.3bn from Roman Abramovich, who was sanctioned by the UK government in March 2022 over alleged links to Russian president Vladimir Putin - something he has denied.
asserted
he → leave → Putin
BBC Sport reported in August that Boehly and Walter were exploring selling their stakes.
asserted
Boehly → report → stakes
Multiple sources said talks started within Chelsea's ownership group after a rift, first apparent in 2024, led both sides to explore buying each other out.
asserted
rift → say → other
Boehly, who is a co-owner of baseball franchise the Los Angeles Dodgers, said it had been an "honour" to serve as Chelsea chairman.
asserted
it → say → chairman
"I would like to thank the many who helped secure a bright future for the club, including the English Premier League, the coaches and players, the talented leadership and staff at Chelsea, and the legions of dedicated fans," he added.
asserted
he → like → fans
"I have valued my partnership with Clearlake and the wider ownership group, and the collective decisions and investment we have made to support the immediate and long-term success of the club.
asserted
we → value → club
I am confident that Chelsea is well positioned for continued success under Clearlake's leadership."
asserted
Chelsea → position → leadership
Since the takeover in 2022, Chelsea's highest Premier League finish is fourth in 2024-25, with the club also winning the Uefa Conference League and Fifa Club World Cup that season.
asserted
club → win → League
The club have also had a remarkably high turnover of players over the past four years, with the initial strategy focusing on signing young players to long-term contracts.
asserted
strategy → have → contracts
Chelsea finished 10th in the Premier League last season and appointed Xabi Alonso as their manager in the summer.
asserted
Chelsea → finish → summer
Eghbali and Feliciano thanked Boehly for his "time and contribution" as chairman, saying he will "always be a part of the Chelsea story and family".
They added their focus is to "continue investing in the club's infrastructure, sporting performance, player development and delivering long-term success for Chelsea and the club's supporters".
asserted
focus → thank → Chelsea
Chelsea have ongoing plans either to redevelop Stamford Bridge or move to a new stadium, which sources say had created tension at times between Boehly's camp and Clearlake.
asserted
sources → have → camp
A club statement said there will be "no changes to the day-to-day operations, leadership or strategy at the club" as a result of Clearlake assuming full control.
asserted
Clearlake → say → control
Walter, the co-owner and chief executive of global finance firm Guggenheim Partners, where Boehly also began his financial career, last month sold the Los Angeles Lakers for a record $12.5bn (£9.23bn) - a year after buying a majority stake in the NBA franchise.
asserted
Boehly → begin → franchise
Separately, US federal prosecutors and the Securities and Exchange Commission are investigating companies in Walter's business empire.
asserted
prosecutors → investigate → empire
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