Chelsea’s new ownership group has pledged to compete at the highest level and win major trophies following the departure of Todd Boehly and Mark Walter.
This is contained in a statement released after Clearlake Capital assumed full control of the club on the club’s website on Thursday.
The ownership group thanked the departing partners for their contributions and said the club is moving forward with “a shared sense of purpose, clear direction and confidence in what comes next.”
“Our ambition is clear: to compete at the highest level, to win major trophies, and to build sustained success,” the statement said.
The ownership group emphasised that Chelsea supporters remain “the heart of this Club” and its “true custodians for over 120 years,” adding that while they hold the responsibility of ownership, “this will always be your Club.”
Success on the pitch was described as the top priority, with a commitment to competing for the Premier League and other major trophies while strengthening the club commercially to support consistent investment in the team.
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👉 JOIN GISTSMATE WHATSAPP CHANNELThe group also reaffirmed its focus on long-term infrastructure plans.
“We will keep working to move Chelsea forward, together,” the statement concluded.
GISTSMATE MEDIA reports that Todd Boehly has stepped down as Chelsea chairman after selling his stake in the club to majority owner Clearlake Capital, which has now taken full control.
Boehly and director Mark Walter sold their shares in a deal that hands Clearlake complete ownership. Boehly, Walter and Swiss billionaire Hansjörg Wyss previously each held a 12.8% stake, while Clearlake owned 61.5%. The club confirmed Wyss will remain an important stakeholder and partner in the ownership group.
Clearlake, led by co-founders Behdad Eghbali and José E. Feliciano, paid approaching £1 billion for the stakes, which represent about a quarter of the club. Club sources put Chelsea’s overall value at around £5 billion.
Boehly has held the chairman role since 2022, when the consortium bought Chelsea for £2.3 billion from Roman Abramovich following UK government sanctions. He will leave the position as part of the transaction.
In a statement on Thursday, Boehly said: “It has been an honour to serve as Chelsea chairman. I would like to thank the many who helped secure a bright future for the club, including the English Premier League, the coaches and players, the talented leadership and staff at Chelsea, and the legions of dedicated fans. I have valued my partnership with Clearlake and the wider ownership group, and the collective decisions and investment we have made to support the immediate and long-term success of the club. I am confident that Chelsea is well positioned for continued success under Clearlake’s leadership.”
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