Boehly and Walter Discuss Selling Chelsea Stake for £5bn

Chelsea co-owners Todd Boehly and Mark Walter are reportedly in discussions to sell their stakes in the Premier League club to majority owners Clearlake Capital, in a deal that could value Chelsea at more than £5 billion. The negotiations, first reported by the Financial Times and later by talkSPORT, have been ongoing for some time, primarily due to a lack of strategic alignment between Boehly and Clearlake.

Although no agreement has been reached, the talks are believed to have gained momentum recently. Boehly and Walter value Chelsea at approximately £5 billion, significantly higher than the £2.3 billion the consortium paid to acquire the club from former owner Roman Abramovich in 2022.

Currently, Clearlake Capital holds the majority stake, while Boehly, Walter, and their partners hold minority interests. Boehly, who became Chelsea chairman following the takeover, is expected to step down at the end of the current season, with Clearlake having the right to select his successor.

Ongoing differences between Boehly and Clearlake co-founder Behdad Eghbali regarding the club's direction have also been a factor in the negotiations.