Chelsea chairman Boehly, director consider selling stake to majority owner

Chelsea's chairman Todd Boehly and director Mark Walter are reportedly exploring the possibility of selling their stakes in the Premier League club to its majority owner, Clearlake Capital. The American billionaires were among the investors who partnered with Clearlake to acquire Chelsea from Roman Abramovich in May 2022 for £2.5 billion ($3.3 billion).

Clearlake Capital currently holds a 62 percent majority stake, while Boehly, Walter, and fellow investor Hansjorg Wyss control the remaining 38 percent through Blueco Holdings. Reports suggest that Boehly has expressed dissatisfaction with various aspects of Chelsea's management, including recruitment strategies, managerial appointments, and plans for a new stadium.

Over the past two years, there have been multiple reports of attempts by Boehly and Clearlake to buy each other out. Boehly and Walter, who are long-time friends and business partners with investments in the Los Angeles Dodgers and the LA Sparks, reportedly believe Chelsea could be valued at £5 billion if they were to sell their stake.

Chelsea endured a disappointing 10th-place finish in the Premier League last season. The club has appointed Xabi Alonso as their new manager, and their 2026-27 season is set to begin with an away match against Fulham on August 24.