Clearlake Capital will acquire Todd Boehly and Mark Walter's shares in Chelsea Football Club, it has been announced.
Boehly and Walter own close to 26 per cent of the club having first purchased their stakes in May 2022.
Todd Boehly wearing a Chelsea scarf2
Boehly will also vacate his role as Chelsea chairman
It means Clearlake Capital, founded by Behdad Eghbali and Jose Feliciano, will take their controlling stake up from 61.5 per cent to 85 per cent of the Premier League club.
talkSPORT understands the sale of the 26 per cent share is worth £950million with a total valuation of near £5billion, including the debt.
The club has also revealed that stakeholder Hansjorg Wyss will remain with his 15 per cent share.
With his stake being acquired, Boehly will no longer be the chairman of Chelsea.
However, the club insist that day-to-day operations will not change.
Boehly statement
"It has been an honour to serve as Chairman of Chelsea Football Club," Boehly said.
"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.
"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.
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"I am confident that Chelsea is well positioned for continued success under Clearlake’s leadership."
Eghbali and Feliciano statement
"Todd has been an important partner throughout our ownership of Chelsea, and we thank him for his time and contribution as chairman.
Chelsea owners Todd Boehly and Behdad Eghbali2
There were plenty of reports of infighting between Boehly and Eghbali
"He will always be a part of the Chelsea story and family. Clearlake has served as Chelsea’s majority owner since 2022, and as we move to full control our focus is to continue investing in the club’s infrastructure, sporting performance, player development and delivering long-term success for Chelsea and the club’s supporters."
Boehly was the face of the Chelsea ownership ever since their 2022 acquisition was completed.
The American joined the club alongside Clearlake Capital in a period of uncertainty amid sanctions on predecessor Roman Abramovich following Russia's invasion of Ukraine.
A 12th-place finish in the Premier League signalled a dreadful first season for Chelsea's new custodians, and Boehly was a focal point for criticism from fans and those outside the club.
However, despite continuous managerial upheaval and a questionable transfer policy, the Blues eventually won more silverware in 2025 with Conference League and Club World Cup glory.
Boehly also oversaw some successful signings as chairman, with Cole Palmer being the most notable having hit 58 goals and 34 assists in 137 appearances since signing from Manchester City three years ago.
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