Clearlake Capital Gains Full Control of Chelsea After Boehly Exit

WHO:

The Guardian - Todd Boehly and Mark Walter were two of the investors who partnered with Clearlake to buy Chelsea from Roman Abramovich in a sale mandated by the UK government in May 2022.

BBC - Todd Boehly has left his role as chairman of Chelsea Football Club.

The Guardian - Xabi Alonso has been appointed as Chelsea's manager.

The Guardian - Behdad Eghbali and José Feliciano are cofounders of Clearlake Capital.

BBC - Swiss billionaire Hansjorg Wyss has sold his stake in Chelsea, alongside Todd Boehly and Mark Walter.

The Guardian - Todd Boehly and Mark Walter have sold their stakes in Chelsea, while Hansjörg Wyss will remain an important stakeholder and partner in the ownership group.

Daily Mail Sports - Behdad Eghbali and his Clearlake Capital group have taken full control of Chelsea.

Bloomberg Markets - Todd Boehly is the chairman of Chelsea Football Club, and Mark Walter is a director.

WHAT:

The Guardian - A statement from Chelsea noted that under joint ownership, substantial investment has been made across the men’s and women’s senior and youth squads, Chelsea’s training facilities at Cobham, medical and player-support resources, academy development and pathways, and the sporting and business leadership of the club.

The Guardian - Chelsea stated that Boehly had shown “unwavering commitment” to the ownership group’s belief that the supporters are at the heart of the club.

BBC - Clearlake Capital has acquired full control of Chelsea Football Club by buying out Todd Boehly and Mark Walter's stakes.

The Guardian - A statement from Chelsea noted that substantial investment has been made across various areas, including the men’s and women’s senior and youth squads, training facilities, and academy development.

BBC - Chelsea's highest Premier League finish since the takeover in 2022 was fourth in the 2024-25 season, and the club won the UEFA Conference League and FIFA Club World Cup that season.

BBC - Each of Boehly, Walter, and Wyss had a 12.8% stake in Chelsea, while Clearlake previously owned 61.5%.

BBC - Chelsea's highest Premier League finish since the takeover in 2022 was fourth in the 2024-25 season, and the club won the UEFA Conference League and FIFA Club World Cup that season.

BBC - Chelsea finished 10th in the Premier League last season.

The Guardian - Clearlake Capital had previously owned 61.5% of Chelsea, with Boehly and Walter sharing the remaining stakes with Hansjörg Wyss.

Daily Mail Sports - Clearlake Capital completed a £1 billion deal to buy Todd Boehly and Mark Walter's minority shares in Chelsea.

Bloomberg Markets - Clearlake Capital agreed to buy out Todd Boehly and Mark Walter, ending a turbulent period among the club's owners.

WHERE:

Daily Mail Sports - Chelsea Football Club is located in London, England.

WHY:

BBC - Tensions arose between Boehly's camp and Clearlake over ongoing plans to either redevelop Stamford Bridge or move to a new stadium.

The Guardian - Chelsea stated that under joint ownership, substantial investment has been made across various areas, including the men’s and women’s senior and youth squads, training facilities, and academy development.

Bloomberg Markets - The buyout brings an end to a turbulent period among the club's owners.

HOW:

The Guardian - Clearlake intends to continue building on the strategic course the club is now on and realizing the ambition that the ownership group has developed together.

Bloomberg Markets - Clearlake Capital has served as Chelsea’s majority owner since 2022 and has now moved to full control.

Bloomberg Markets - Clearlake Capital has served as Chelsea’s majority owner since 2022.

BBC - Walter sold the Los Angeles Lakers for a record $12.5 billion (£9.23 billion) a year after buying a majority stake in the NBA franchise.

The Guardian - Clearlake Capital intends to continue investing in the club’s infrastructure, sporting performance, and player development to achieve long-term success.

Daily Mail Sports - Clearlake Capital's acquisition involved purchasing the minority stakes held by Boehly and Walter.

(UPDATED September 17, 2026 20:59 UTC)

Chelsea's ownership group, which includes investors Todd Boehly and Mark Walter, has made significant strides since acquiring the club from Roman Abramovich in May 2022. A recent statement from Chelsea highlighted the substantial investments made in various areas, including the men's and women's squads, training facilities, and player support resources, emphasizing Boehly's unwavering commitment to prioritizing the supporters. Looking ahead, Clearlake plans to continue advancing the strategic vision they have collectively developed for the club.

(UPDATED September 17, 2026 16:59 UTC)

Todd Boehly has stepped down as chairman of Chelsea Football Club, while Xabi Alonso has been appointed as the new manager. Clearlake Capital has acquired full control of the club by buying out Todd Boehly and Mark Walter's stakes, having been the majority owner since 2022. In their statement, Chelsea highlighted that substantial investments have been made in various areas, including the men’s and women’s senior and youth squads, training facilities, and academy development.

(UPDATED September 17, 2026 10:58 UTC)

Chelsea has made substantial investments across various areas, including the men’s and women’s senior and youth squads, training facilities, and academy development, according to a statement from the club. Since Clearlake Capital became Chelsea’s majority owner in 2022, the team achieved its highest Premier League finish of fourth place in the 2024-25 season, while also winning the UEFA Conference League and the FIFA Club World Cup that same year. Clearlake Capital was co-founded by Behdad Eghbali and José Feliciano.

(UPDATED September 17, 2026 05:00 UTC)

Swiss billionaire Hansjorg Wyss has sold his stake in Chelsea, joining Todd Boehly and Mark Walter, who each held a 12.8% stake in the club. Chelsea's highest Premier League finish since the 2022 takeover was fourth in the 2024-25 season, during which they also won the UEFA Conference League and FIFA Club World Cup, but they finished 10th last season amid tensions between Boehly's camp and Clearlake over stadium redevelopment plans. Notably, Walter recently sold the Los Angeles Lakers for a record $12.5 billion, just a year after acquiring a majority stake in the NBA franchise.

(UPDATED September 17, 2026 02:11 UTC)

Todd Boehly and Mark Walter have sold their stakes in Chelsea, while Hansjörg Wyss will remain a key stakeholder in the ownership group. Clearlake Capital, which previously held sixty-one point five percent of Chelsea, will continue to invest in the club's infrastructure, sporting performance, and player development. Chelsea has emphasized that significant investments have been made across various areas, including both the men’s and women’s senior and youth squads, as well as training facilities and academy development.

(UPDATED September 17, 2026 01:23 UTC)

Clearlake Capital has taken full control of Chelsea Football Club after completing a £1 billion deal to buy out Todd Boehly and Mark Walter's minority shares. This acquisition, which marks the end of a turbulent period among the club's owners, positions Boehly as chairman and Walter as a director. Chelsea, located in London, England, is now fully under the ownership of Behdad Eghbali and his Clearlake Capital group.