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Boehly and Walter in Talks to Sell Chelsea Stakes to Clearlake Capital

The proposed sales would resolve a years‑long ownership dispute and could give Clearlake clear operational control of the club.

Overview

  • Reports say Todd Boehly and Mark Walter have opened talks with majority owner Clearlake Capital about selling their minority stakes in Chelsea; no agreement has been announced and all parties declined to comment.
  • Boehly and Walter each hold about 12.8% of the club while Clearlake owns roughly 61.5%, and the discussions point to a market valuation for Chelsea of around or above £5 billion.
  • The original ownership pact is reported to bar sales to outside investors for the first ten years, which limits any exit options to existing partners such as Clearlake or Hansjörg Wyss.
  • The talks picked up urgency after Mark Walter sold the Los Angeles Lakers for roughly $12.5 billion and faces U.S. regulatory scrutiny of loans linked to his businesses, factors that multiple outlets linked to renewed asset sales.
  • If Clearlake buys the stakes it would substantially consolidate decision‑making at Stamford Bridge, affect plans for a new stadium and club strategy, and come as Boehly is due to step down as chairman under a pre‑agreed schedule next May.