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Co-owners Boehly and Walter agree to sell Chelsea stakes

Chelsea chairman Todd Boehly and director Mark Walter have reached an agreement to transfer their collective 25 percent stake in the Premier League side to majority partner Clearlake Capital. 5 percent.

Alongside fellow board member Jonathan Goldstein, Boehly and Walter are stepping away completely from governance and executive decision-making. No replacement chairman will be named, and current sporting, commercial, and operational workflows will persist without structural disruption under Clearlake co-founders Behdad Eghbali and José Feliciano.

5 billion in committed capital—following the UK government's mandated sale by Roman Abramovich. While Boehly was initially the public face of the takeover, Eghbali progressively emerged as the dominant leader, with strategic friction surfacing over stadium redevelopment.

Boehly previously noted that an inability to align on the future of Stamford Bridge could fracture the consortium, as club executives continue assessing whether to redevelop their current ground or pursue a relocation to Earl's Court amid tight geographic space in London.