Todd Boehly Opens to Selling Stake in Chelsea

Chelsea chairman Todd Boehly may sell his stake to majority owners Clearlake Capital amid reported rifts.
In a significant development for Chelsea, chairman Todd Boehly is reportedly open to selling his stake in the club. This comes as tensions between Boehly and Behdad Eghbali, the head of majority owners Clearlake Capital, have surfaced. Since taking the helm in June 2022, Boehly has been a central figure at Chelsea, but recent reports suggest that his influence may be waning.
Boehly, along with director Mark Walter, is said to be in discussions to offload their combined 12.8% stakes to Clearlake, which currently holds a commanding 61.5% of Chelsea. The potential sale follows rumors of a rift that first emerged in 2024, indicating that Boehly and Eghbali have had differing visions, particularly regarding plans for a new stadium.
Walter, who is also involved in a high-profile deal selling the Los Angeles Lakers, has not been a visible presence at Chelsea. In contrast, Boehly has been actively involved in the club since the previous ownership transition, which saw Roman Abramovich sell Chelsea for £2.3 billion. However, as time has passed, Boehly's role appears to have diminished.
The stakes for Chelsea are high, with the club currently valued at around £5 billion. Should Boehly and Walter proceed with the sale, they could potentially see their initial £325 million investment double. This financial maneuver could alter the landscape at Chelsea, especially as Boehly is set to step down as chairman at the end of the 2026-27 season.
As the situation unfolds, Chelsea supporters will be watching closely. The dynamics between the club’s co-owners could play a crucial role in shaping the future direction of Chelsea, both on and off the pitch.
- The Independent Football — Second tier source