Todd Boehly Steps Down as Chelsea Chairman

Sep 17, 2026

48 min

Sep 17, 2026 09:30

Todd Boehly quits Chelsea selling ownership stake

## Boehly Sells Chelsea Stake

Todd Boehly, the American businessman, has decided to step down as chairman of Chelsea Football Club after selling his ownership stake to Clearlake Capital. This move allows Clearlake to take full control of the club.

## Transition in Ownership

Boehly, who became part-owner in 2022, expressed gratitude for his time at Chelsea, highlighting the collaborative efforts with Clearlake and other stakeholders. He believes the club is well-positioned for future success under Clearlake's leadership.

## Other Ownership Changes

Mark Walter, another co-owner, is also selling his stake to Clearlake. Walter recently sold his NBA team, the Los Angeles Lakers, for a record $12.5 billion. Swiss billionaire Hansjörg Wyss, who also holds a stake, will remain involved with Chelsea.

## Club Operations Unaffected

Despite these changes, Chelsea has assured fans that the club's daily operations and strategic direction will remain unchanged. The club recently appointed Xabi Alonso as head coach, signaling a commitment to continuity and stability.

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