Clearlake set to seize Chelsea control as Boehly and Walter weigh exit

Chelsea’s co-owners Todd Boehly and Mark Walter are weighing selling their roughly 13% stakes to Clearlake Capital, which already holds a majority and would gain full control under the current agreement that blocks third‑party sales without partner consent. Fresh discussions have resurfaced amid a long-running strategic stalemate and plans for a new stadium, while Walter faces a US DOJ probe into undisclosed loans. If completed, Clearlake would hold around 86% of Chelsea; external sales are unlikely under the arrangement, freeing Clearlake to press ahead with ownership and stadium ambitions.