sports

Clearlake Takes Full Control of Chelsea

Todd Boehly and Mark Walter have sold their stakes in Chelsea, allowing Clearlake Capital to take full control of the Premier League club.

Todd Boehly and Mark Walter have sold their stakes in the club, resulting in Clearlake Capital assuming full ownership of the Premier League side. The private equity firm previously held a 61.5% stake, with Boehly and Walter holding the remainder alongside Hansjörg Wyss.

The duo were key figures in the consortium that acquired the club from Roman Abramovich in May 2022. Boehly has stepped down as chair, expressing confidence in the club's future under the new arrangement. mchezo.life