Todd Boehly Exits Chelsea as Clearlake Takes Full Control

Todd Boehly has stepped down from his role as Chairman of Chelsea Football Club after selling his stake in the Premier League side, bringing his four-year involvement in the club’s ownership to an end. Boehly was part of the consortium that acquired Chelsea from former owner Roman Abramovich in 2022. The group included Clearlake Capital, Mark Walter and Hansjörg Wyss, with the takeover valued at £4.25 billion at the time. In a statement following his departure, Boehly described his time as Chelsea chairman as an honour and thanked the Premier League, coaches, players, staff and the club’s su

Todd Boehly has stepped down from his role as Chairman of Chelsea Football Club after selling his stake in the Premier League side, bringing his four-year involvement in the club’s ownership to an end. Boehly was part of the consortium that acquired Chelsea from former owner Roman Abramovich in 2022. The group included Clearlake Capital, Mark Walter and Hansjörg Wyss, with the takeover valued at £4.25 billion at the time. In a statement following his departure, Boehly described his time as Chelsea chairman as an honour and thanked the Premier League, coaches, players, staff and the club’s supporters for their contribution. He also expressed confidence in Chelsea’s future under Clearlake’s leadership. “I am confident that Chelsea is well positioned for continued success under Clearlake’s leadership,” Boehly said, while also thanking his partners for the investment and decisions made to support the club’s short- and long-term development. Clearlake Capital, which was already the club’s largest shareholder, has now assumed full control of Chelsea following the agreement to acquire the stakes held by Boehly and Mark Walter. The transaction is reportedly worth around £950 million. Chelsea said the ownership transition will not alter the club’s day-to-day operations, management structure or overall strategic direction. Clearlake has also indicated that it intends to continue investing in the club’s infrastructure, academy, women’s team and sporting operations. Boehly’s departure marks a significant change in Chelsea’s ownership structure, but the club says its long-term strategy remains unchanged as Clearlake begins its new phase of full control.

Todd Boehly has officially stepped down as Chelsea chairman after selling his stake in the club, with Clearlake Capital taking full control of the Premier League side.