Clearlake Capital now has full control of Chelsea after Todd Boehly, Mark Walter and Hansjorg Wyss sold their stakes. Todd Boehly will leave his role as Chelsea chairman after holding it since 2022, ending the shared-control structure that has governed the club since the £2.3bn purchase from Roman Abramovich.
Each of the three sellers held a 12.8% stake, while Clearlake Capital previously owned 61.5% of Chelsea. That makes the handover a clean transfer of the remaining minority holdings into the majority owner’s hands, with Behdad Eghbali and Jose E. Feliciano now steering the club without a co-control arrangement.
Todd Boehly leaves chairman role
Boehly said serving as chairman had been an “honour” and added: “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 also said: “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. I am confident that Chelsea is well positioned for continued success under Clearlake's leadership.”
Clearlake, led by Eghbali and Jose E. Feliciano, said Boehly’s “time and contribution” meant he “will always be a part of the Chelsea story and family”. The exit closes the ownership split that began to fray in 2024, after talks started inside the group and reports later said Boehly and Walter were exploring selling their stakes.
Stamford Bridge plans stay open
Since 2022, Chelsea has moved from a 10th-place finish in the Premier League last season to fourth in 2024-25, and it won the Uefa Conference League in 2024-25 as well as the Fifa Club World Cup in 2024-25. The club was bought for £2.3bn in 2022 after Roman Abramovich was sanctioned by the UK government in March 2022 over alleged links to Vladimir Putin.
Clearlake said it will “continue investing in the club's infrastructure, sporting performance, player development and delivering long-term success for Chelsea and the club's supporters”. Yet the unresolved issue around Stamford Bridge remains the one to watch: sources had described tension at times between Boehly’s camp and Clearlake over stadium plans, and the club statement now says there will be no changes to day-to-day operations, leadership or strategy.
