Chelsea chairman Boehly, director consider selling stake to majority owner

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Boehly

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Chelsea chairman Todd Boehly and director Mark Walter are considering selling their stakes in the Premier League side to the club’s majority owner Clearlake Capital, according to reports on Monday.

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American billionaires Boehly and Walter were two of the investors who partnered with Clearlake to buy Chelsea from Roman Abramovich for £2.5 billion ($3.3 billion) in May 2022.

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Private equity company Clearlake currently owns 62 percent of Chelsea, with Boehly and Walter holding the remaining shares with fellow investor Hansjorg Wyss.

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Boehly, Walter and Wyss control 38 percent through Blueco Holdings.

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Boehly has reportedly been dissatisfied with the direction of Chelsea, notably regarding recruitment, managers and a potential new stadium plan.

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There have been reports that Boehly and Clearlake had attempted to buy each other out of Chelsea several times over the last two years.

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Boehly and Walter reportedly believe Chelsea are worth £5 billion if they do sell their stake.

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The pair are friends and business partners, having also invested together in baseball’s Los Angeles Dodgers and women’s basketball franchise LA Sparks.

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Chelsea finished a dismal 10th in the Premier League last season and hired Xabi Alonso as their new manager, with the 2026-27 season starting for the Blues with a trip to Fulham on August 24.

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AFP

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