Business & Finance

Clearlake Capital expands control of Chelsea as Todd Boehly and Mark Walter sell stakes

Chairman Todd Boehly steps down following ownership friction and a valuation report of five billion pounds

Updated Sep 17, 2026 · 06:16 UTC2 reports

The short version

Todd Boehly and Mark Walter sold their stakes in Chelsea Football Club to majority owner Clearlake Capital, ending a shared ownership structure that began in 2022.[BBC News · CNBC]
Boehly will step down as chairman, though the club stated there will be no immediate changes to day-to-day operations or leadership.[BBC News · CNBC]
Reports indicate the transaction values Chelsea at £5 billion, following past internal tensions over stadium redevelopment plans.[BBC News · CNBC]
Outlets dispute whether co-investor Hansjörg Wyss sold his 12.8% stake along with Boehly and Walter or remains an active partner.[BBC News · CNBC]

Clearlake Capital acquired equity in Chelsea Football Club from Todd Boehly and Mark Walter, who previously each held 12.8% stakes.[BBC News · CNBC]
Todd Boehly is stepping down as Chelsea chairman after serving in the role since 2022.[BBC News · CNBC]
The Financial Times reported the combined sale price for the stakes was £950 million ($1.27 billion), valuing the club at £5 billion.[CNBC]
Chelsea stated that the change in equity structure will not affect day-to-day operations, executive leadership, or club strategy.[BBC News · CNBC]
U.S. federal prosecutors and the Securities and Exchange Commission are investigating business entities tied to Mark Walter.[BBC News · CNBC]

BBC News reported that Hansjörg Wyss also sold his 12.8% stake to Clearlake, whereas CNBC reported based on a club statement that Wyss remains a stakeholder and partner.[BBC News · CNBC]

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.