BOMBSHELL: Todd Boehly steps down as president of Chelsea

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Chelsea Bournemouth

10/10/26 16:00:00

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Todd Boehly has agreed to sell his 12.8% stake, sparking rumors at Chelsea, and will step down as club chairman four years after leading its purchase with Clearlake Capital. The deal will also see the fund acquire the 12.8% share of Mark Walter, in a joint operation valued at around 950 million pounds.

Boehly's exit marks the end of his period at Stamford Bridge, which began in 2022. The consortium, formed with Clearlake, Walter, and Hansjörg Wyss, bought the club from Roman Abramovich after UK government sanctions against the previous owner necessitated a transfer of ownership.

Club Statement: Chelsea Football Club announces ownership transition.

— Chelsea FC (@ChelseaFC) September 16, 2026

Todd Boehly Steps Down as Chelsea Chairman

Todd Boehly became the public face of the ownership and assumed the presidency after the 2022 deal, which included 2.5 billion pounds for purchasing the club's shares and an additional 1.75 billion pounds committed for future investments.

Four years later, Boehly exits the share structure. The transaction also includes the departure of Mark Walter, allowing Clearlake to significantly increase its stake from the existing 61.5% to take full control of the club.

Hansjörg Wyss, however, will remain a shareholder, with reports suggesting his stake will be around 13.5%, leaving Clearlake with approximately 86.5%. This will grant the fund, led by Behdad Eghbali and José E. Feliciano, control over major decisions.

The deal also reflects a significant increase in valuation. The sale of Todd Boehly and Walter's shares values the club at around 5 billion pounds, based on publicly available figures about the transaction.

Chelsea Maintains Its Strategy in the Premier League

The joint ownership has yielded specific sporting achievements. Since 2022, the team has won the 2024/25 Conference League and the 2025 Club World Cup, along with finishing fourth in the 2024/25 Premier League, earning a Champions League qualification spot.

Following his departure, Boehly has praised the work undertaken during these four years and expressed gratitude to Clearlake, the club staff, players, coaches, and fans. Todd Boehly also highlighted the investments made to enhance both the sporting and business structures during this period.

According to the club's statement, the ownership change will not lead to immediate alterations in daily operations, leadership, or sporting strategy. Clearlake was already the major shareholder and played a central role in management before this new agreement.

This transaction marks another significant change in the ownership landscape of an English club, where foreign capital movements have heavily influenced the recent evolution of the Premier League.

The next step will be to formally complete the transaction, expected by the end of 2026. Once finalized, Todd Boehly would have definitively concluded his chapter at the club, and Clearlake will assume control of an entity that will navigate its new ownership structure with no announced changes to its English sporting management.

This news is an automatic translation. You can read the original news, BOMBAZO: Todd Boehly deja de ser presidente del Chelsea