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businessReported

Clearlake Capital Takes Full Control of Chelsea FC

Chairman Todd Boehly, director Mark Walter and Hansjorg Wyss sell their stakes as Clearlake becomes sole owner of the Premier League club

· 1 min read · language: en
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BBC Sport

Clearlake Capital has acquired full ownership of Chelsea Football Club after chairman Todd Boehly, director Mark Walter and businessman Hansjorg Wyss sold their remaining stakes in the club, according to a report by BBC Sport.

The move consolidates control of the west London club under the American private equity firm, which had previously held a significant but not exclusive share of the ownership group.

Boehly, Walter and Wyss had been part of the consortium that purchased Chelsea in 2022 following the forced sale of the club by former owner Roman Abramovich, after he was sanctioned by the UK government in the wake of Russia's invasion of Ukraine.

BBC Sport did not specify the financial terms of the latest transaction or provide further detail on the reasons behind the sale of the stakes.

Chelsea has not issued a public statement regarding the change in ownership structure at the time of this report.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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