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Clearlake Buy Full Chelsea As Boehly Sell Him Stake

Chelsea chairman Todd Boehly and director Mark Walter don sell their stakes for the club to majority owner Clearlake Capital.

Swiss billionaire Hansjorg Wyss also sell him own stake, meaning say Clearlake wey co-founders Behdad Eghbali and Jose E. Feliciano lead don acquire full control of the club.

Boehly, Walter and Wyss each bin get 12.8% stake, while Clearlake previously own 61.5% of the Blues.

American Boehly go leave him role as chairman, position he hold since 2022, when the consortium buy the club for £2.3bn from Roman Abramovich, who UK government sanction in March 2022 over alleged links to Russian president Vladimir Putin, something he deny.

BBC Sport report in August say Boehly and Walter dey explore selling their stakes. Multiple sources talk say talks start inside Chelsea ownership group after rift, first show for 2024, lead both sides to explore buying each other out.

Boehly, wey be co-owner of baseball franchise Los Angeles Dodgers, say e bin be ‘honour’ to serve as Chelsea chairman. E thank many people wey help secure bright future for club, including English Premier League, coaches and players, talented leadership and staff at Chelsea, and legions of dedicated fans. E also say e value him partnership with Clearlake and wider ownership group, and collective decisions and investment wey dem make to support immediate and long-term success of club. E add say e dey confident Chelsea well positioned for continued success under Clearlake leadership.

Since takeover in 2022, Chelsea highest Premier League finish na fourth in 2024-25, and club also win Uefa Conference League and Fifa Club World Cup that season.

Club also get remarkably high turnover of players over past four years, with initial strategy focus on signing young players to long-term contracts. Chelsea finish 10th in Premier League last season and appoint Xabi Alonso as manager in summer.

Eghbali and Feliciano thank Boehly for him ‘time and contribution’ as chairman, saying e go ‘always be a part of Chelsea story and family’. Dem add say their focus na to continue investing in club infrastructure, sporting performance, player development and delivering long-term success for Chelsea and club supporters.

Chelsea get ongoing plans either to redevelop Stamford Bridge or move to new stadium, which sources say don create tension at times between Boehly camp and Clearlake.

Club statement say there go be ‘no changes to day-to-day operations, leadership or strategy at club’ as result of Clearlake assuming full control.

Walter, co-owner and chief executive of global finance firm Guggenheim Partners, where Boehly also start him financial career, last month sell Los Angeles Lakers for record $12.5bn (£9.23bn), one year after buying majority stake in NBA franchise.

Separately, US federal prosecutors and Securities and Exchange Commission dey investigate companies in Walter business empire.

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