Private equity firm Clearlake Capital Group is set to take full control of Chelsea Football Club after agreeing to acquire the ownership stakes of fellow investors Todd Boehly and Mark Walter.
The transaction will see Boehly step down as chairman, while Swiss investor Hansjörg Wyss will remain a stakeholder in the ownership group.
Clearlake has been Chelsea’s majority owner since 2022, when it joined a consortium led by Boehly to acquire the Premier League Club.
The latest transaction will consolidate ownership under Clearlake, which said it will continue to invest in the club’s infrastructure, sporting performance and player development, with no immediate changes planned to its day-to-day operations, leadership or strategy.
Todd Boehly, chairman of Chelsea Football Club, said: “It has been an honour to serve as chairman of the club. 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 have 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.”
Behdad Eghbali and José E. Feliciano, co-founders of Clearlake Capital, said: “Todd has been an important partner throughout our ownership of Chelsea and we thank him for his time and contribution as chairman.
“He will always be a part of the Chelsea story and family. Clearlake has served as Chelsea’s majority owner since 2022, and as we move to full control our focus is to continue investing in the Club’s infrastructure, sporting performance, player development and delivering long-term success for Chelsea and the Club’s supporters.”
