# Mark Walter and Todd Boehly exit Chelsea

> Clearlake Capital takes full control of Chelsea Football Club after buying out two minority owners.
- Title: Mark Walter and Todd Boehly exit Chelsea · CNBC | Shortify
- Summary: Clearlake Capital takes full control of Chelsea Football Club after buying out two minority owners. Clearlake Capital now owns 100% of Chelsea after…
- Keywords: chelsea football club, clearlake capital, mark walter, todd boehly, premier league, ownership change, los angeles dodgers, business, finance, Mark, Walter, Todd
- Source: CNBC — https://cnbc.com/2026/09/17/chelsea-mark-walter-bohely-clearlake-capital.html
- Author: Dan Mangan
- Published: 2026-09-17T03:19:34+00:00
- Read time: 1 min
- Topics: chelsea football club, clearlake capital, mark walter, todd boehly, premier league, ownership change, los angeles dodgers, business, finance
## Clearlake takes full control
Clearlake Capital acquired minority stakes from Mark Walter and Todd Boehly, giving it 100% ownership of Chelsea Football Club. The two men each held about 12.8% of the club.
## Deal valued at £5 billion
Walter and Boehly received a combined £950 million, or $1.27 billion, for their stakes in the transaction. The deal values Chelsea at £5 billion total.
## Boehly steps down as chairman
Todd Boehly is departing his role as Chelsea's chairman as part of the deal. Hansjörg Wyss will remain as an important stakeholder in the ownership group.

> Todd has been an important partner throughout our ownership of Chelsea, and we thank him for his time and contribution as Chairman.
## Walter exits multiple teams
This Chelsea sale follows Walter's agreement to sell his controlling stake in the Los Angeles Lakers to Joshua Kushner and Bob Iger just over a month earlier. Walter also owns the Los Angeles Dodgers.
## SEC and DOJ investigations loom
The Lakers sale drew attention to federal investigations into whether $21 billion in investments by two insurers controlled by Walter were properly disclosed as related-party transactions. Walter's company denies fraud allegations.

> Despite what has been reported, there has been no fraud.
## No operational changes planned
Chelsea said there will be no changes to day-to-day operations, leadership, or strategy at the club following the ownership transition. Clearlake plans to continue investing in infrastructure and player development.

> There will be no changes to the day-to-day operations, leadership or strategy at the Club.
## Clearlake's majority since 2022
Clearlake Capital has been Chelsea's majority owner since 2022, holding a 61.5% stake before this acquisition. The move to full control allows the firm to pursue its long-term vision for the club.
## Key takeaway

Clearlake Capital now owns 100% of Chelsea after acquiring stakes from Mark Walter and Todd Boehly, who together received £950 million for their shares.