Boehly, Walter reportedly considering selling Chelsea stakes to Clearlake Capital
Translated from English, summarized and contextualized by DistantNews.
At a glance
- Chelsea co-owners Todd Boehly and Mark Walter are reportedly considering selling their stakes in the club.
- They partnered with Clearlake Capital to buy Chelsea in 2022, with Clearlake currently holding the majority share.
- Boehly is reportedly dissatisfied with the club's direction, including recruitment and stadium plans.
Chelsea chairman Todd Boehly and director Mark Walter are reportedly exploring the sale of their stakes in the Premier League club. The American billionaires, who partnered with Clearlake Capital to acquire Chelsea in May 2022, are said to be considering selling to the club's majority owner.
Clearlake Capital currently holds a 62% stake in Chelsea, while Boehly, Walter, and fellow investor Hansjรถrg Wyss control the remaining 38% through Blueco Holdings. Reports suggest Boehly has expressed dissatisfaction with various aspects of Chelsea's operations, including player recruitment, managerial decisions, and potential new stadium plans.
This is not the first time such discussions have surfaced, with reports indicating that Boehly and Clearlake have attempted to buy each other out on multiple occasions over the past two years. If a sale were to occur, Boehly and Walter reportedly believe their stake in Chelsea could be worth ยฃ5 billion. The pair have a history of joint investments, including in the Los Angeles Dodgers baseball team and the WNBA's LA Sparks.
Originally published by Ghanaian Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.