Boehly and Walter in talks to sell Chelsea shares to Clearlake Capital

The Guardian Sport1 min read • Latest: Aug 17, 2026, 6:11 PM

Last updated Aug 17, 2026

Boehly and Walter in talks to sell Chelsea shares to Clearlake Capital
Summary

Todd Boehly and Mark Walter are reportedly in discussions to sell their stakes in Chelsea to Clearlake Capital, the majority owners. Clearlake currently holds approximately 61.5% of the club, founded in the consortium that acquired the team from Roman Abramovich in 2022. Tensions have surfaced between the co-controlling owners over operational decisions. If the negotiations proceed, the deal could value Chelsea at over £5 billion, significantly increasing Boehly's return on his initial investment. Further developments are expected.

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By the Numbers
  • Boehly and Walter exploring sale of their Chelsea shares.
  • Clearlake Capital currently owns over 60% of Chelsea.
  • Negotiations could value Chelsea at £5 billion.
  • Boehly's potential return on investment may double.
  • Operational tensions had previously existed between co-controlling owners.
Latest Updates
  • 6:56 PMThe Guardian SportTodd Boehly and Mark Walter consider selling Chelsea shares to Clearlake Capital
  • 6:11 PMYahoo SportsMark Walter and Todd Boehly ‘in talks’ to sell Chelsea shares to Clearlake Capital — reports
What they're saying
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Chelsea chair Boehly and Walter each own about 13% Sale would give Clearlake effective control of club at 86% The Chelsea chair, Todd Boehly, and director Mark Walter are considering selling their shares in the club to the majority owners, Clearlake Capital, in a deal that would give the private equity company complete control at Stamford Bridge. Clearlake, whose investment is managed by Behdad Eghbali and José E Feliciano, already owns more than 60% of Chelsea, but in an unusual arrangement agreed when buying the club from Roman Abramovich four years ago, they share operational control with a consortium led by Boehly, who along with Walter and Hansjörg Wyss each own about 13%. Continue reading...

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