Sports
Chelsea owners Boehly and Walter to sell stakes, handing full control to Clearlake Capital
Reported by Kavya Rao (Senior Writer) · Google News - UK Sports ·
✓ — also reported by BBC Sport
Todd Boehly and co‑owner Mark Walter will sell their stakes in Chelsea FC, giving Clearlake Capital full control of the Premier League club. The sale means Boehly will step down as chairman of Chelsea. The owners announced the move in a message posted on the club’s official website. Clearlake Capital, which already held a minority share, will become the sole shareholder after the transaction. The deal follows months of speculation about the club’s financial direction. Boehly’s departure ends his brief tenure after leading the club’s recent spending spree. Walter’s exact share percentage was not disclosed, but both partners will exit their ownership positions. The announcement was reported by Sky News, The Guardian and other media outlets.
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