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Sports

Boehly and Walter Reportedly Selling Chelsea Stakes to Clearlake

Chelsea co-owners are reportedly selling their stakes to Clearlake Capital, valuing the club at £5 billion.

The update

Chelsea co-owners Todd Boehly and Mark Walter are reportedly in talks to sell their stakes in the club to Clearlake Capital, the private equity firm that currently owns the majority of the team. Reports indicate the pair believe the club is worth £5 billion should they proceed with the sale. Clearlake currently holds a controlling interest of 61.5 percent, while Boehly, Walter, and Hansjorg Wyss each hold 12.8 percent.

Why it matters

This potential restructuring would mark a significant shift in the club’s ownership structure. Boehly and Walter were the public faces of the consortium that purchased Chelsea in 2022 for £2.5 billion. The move comes amid reports of tension between Boehly and Clearlake regarding the club’s direction, particularly concerning stadium plans and transfer strategy.

What to watch

Chelsea fans should monitor for an official statement from the club or Clearlake Capital. The valuation of £5 billion is a reported figure and not an official valuation. Additionally, the outcome of these talks could impact the club’s spending power and transfer strategy under the new ownership structure.

Sources

  • AFP — Confirmation of talks and reported £5 billion valuation.
  • skysports.com — Ownership stakes, valuation, and context on Boehly's role in the 2022 purchase.
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