Chelsea: Clearlake Capital Acquires Full Control as Stakeholders Sell Up
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By Jack Skelton, BBC Sport senior journalist
Published 17 September 2026
Chelsea chairman Todd Boehly and director Mark Walter have sold their stakes in the club to Clearlake Capital. Swiss billionaire Hansjorg Wyss has also sold his stake, meaning Clearlake—led by co-founders Behdad Eghbali and Jose E. Feliciano—have now acquired full control of the club.
Boehly, Walter, and Wyss each held a 12.8% stake, with Clearlake previously owning 61.5% of the Blues. American Boehly will leave his role as chairman, which he has held since 2022 when the consortium bought the club for £2.3bn from Roman Abramovich, who was sanctioned by the UK government in March 2022 over alleged links to Russian president Vladimir Putin (which he denies).
BBC Sport reported in August that Boehly and Walter were exploring selling their stakes. Multiple sources stated that talks began within Chelsea's ownership group after a rift, first apparent in 2024, led both sides to consider buying each other out.
Boehly, who is also co-owner of baseball franchise the Los Angeles Dodgers, expressed his gratitude for his time as Chelsea chairman:
"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 made to support the immediate and long-term success of the club. I am confident that Chelsea is well positioned for continued success under Clearlake's leadership."
More to follow.