Walter and Boehly sell Chelsea FC stakes to Clearlake for £950mn
Published 1w ago · Updated 1w ago
Covered in 2 countries
Clearlake Capital has bought out Todd Boehly and Mark Walter for £950m to take full control of Chelsea FC.
Todd Boehly and Mark Walter have sold their shares in Chelsea FC to Clearlake Capital, giving the private equity firm full control of the Premier League club. The transaction marks the end of Boehly's tenure as chairman, a role he assumed after partnering with Clearlake to purchase the club in 2022. The deal reportedly values the sold stakes at £950 million, concluding a turbulent period of co-ownership.
- Clearlake Capital, which previously held a 61.5% stake in Chelsea, will now assume complete ownership of the club.
- The transaction is valued at £950 million for the stakes held by Todd Boehly and Mark Walter.
- Boehly and Walter originally acquired their shares alongside Hansjörg Wyss during the government-mandated sale by Roman Abramovich in May 2022.
- Bayer Leverkusen manager Xabi Alonso commented on the takeover, describing it as an important change that makes Chelsea's ambitions very clear.
By the numbers
Timeline
- May 2022The Boehly-Clearlake consortium purchases Chelsea FC following sanctions on Roman Abramovich.
- Sep 2026Todd Boehly and Mark Walter sell their stakes to Clearlake Capital, giving the firm full control.
Why it matters
Chelsea FC was sold to the Boehly-Clearlake consortium in May 2022 after the UK government sanctioned former owner Roman Abramovich. The co-ownership model was marked by heavy spending on player transfers but faced criticism over a lack of stability and disappointing on-pitch results.
What outlets agree on
Todd Boehly and Mark Walter have agreed to sell their shares in Chelsea FC to Clearlake Capital, which will now hold full control of the club.
In this story
Covered by 5 outlets
60% of the sources are Left
Lean ratings via AllSides, Media Bias/Fact Check, Ad Fontes Media
- The GuardianTodd Boehly exits Chelsea diminished after having his fingers burned1w ago · open ↗
- Al JazeeraXabi Alonso says Chelsea ambitions ‘very clear’ as Boehly era ends1w ago · open ↗
- The IndependentXabi Alonso reacts to ‘important change’ in Chelsea ownership after Todd Boehly sale1w ago · open ↗
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