Chelsea owners consider selling shares to Clearlake
Archived — this story has rotated out of today’s deck. It is kept here in full.
The gist
Todd Boehly and Mark Walter consider selling Chelsea shares to Clearlake Capital. The deal would give Clearlake full control of the Premier League club.
Background
Chelsea was taken over in 2022 by a consortium led by Todd Boehly and Clearlake Capital after Roman Abramovich was forced to sell. Clearlake owns over 60% of the club, while Boehly and Walter each hold around 12.8%. The owners have clashed for the past two years, and now reports say Boehly and Walter are in talks to sell their stakes to Clearlake, which would give Clearlake full control.
How it unfolded
- 2022Boehly, Walter, and Clearlake lead a consortium to buy Chelsea from Roman Abramovich.
- Aug 16, 2026Reports emerge that Mark Walter is open to selling his share amid a U.S. investigation.
- Aug 17, 2026Multiple sources report that Boehly and Walter are in talks to sell their stakes to Clearlake Capital.
Who’s saying what
- Official
- Chelsea declined to comment when approached by football.london.
- Analysts
- The Financial Times, citing people briefed on the matter, reports that negotiations are underway but a deal is not yet certain.
Still unverified
The exact terms of the deal and whether it will be completed are unconfirmed. Reports of Walter's U.S. investigation are based on a single source.