# Mark Walter Sells Chelsea Stake After Lakers Exit

> Mark Walter sells Chelsea stake as he exits second pro sports team in a month
- Title: Mark Walter Sells Chelsea Stake After Lakers Exit | Shortify
- Summary: Mark Walter sells Chelsea stake as he exits second pro sports team in a month Walter offloads Chelsea stake following Lakers sale amid government scrutiny
- Keywords: mark walter, chelsea fc, lakers, nfl, dodgers, twg global, clearlake capital group, toddr boehly, securities and exchange commission, department of justice, us government, football club
- Source: The Hollywood Reporter — https://hollywoodreporter.com/business/business-news/lakers-sale-mark-walter-chelsea-dodgers-1236704452
- Author: Erik Hayden
- Published: 2026-09-17T14:45:05+00:00
- Read time: 1 min
- Topics: mark walter, chelsea fc, lakers, nfl, dodgers, twg global, clearlake capital group, toddr boehly, securities and exchange commission, department of justice, us government, football club
## Walter sells Chelsea stake
Mark Walter offloads his stake in Chelsea F.C. as part of a larger deal with Clearlake Capital Group.

> I am confident that Chelsea is well positioned for continued success under Clearlake's leadership
## Walter's sports portfolio
Walter owned the Lakers for one season before selling to Thrive Capital in August at $12.5 billion.
## Government scrutiny
Walter's TWG Global faces DOJ and SEC inquiries over past insurance firm fraud claims.

> Despite what has been reported, there has been no fraud
## Clearlake takes over
Clearlake Capital Group bought out Walter and Boehly's stakes in Chelsea F.C. after the 2022 acquisition.
## Walter's other stakes
Walter has stakes in WNBA's L.A. Sparks, Cadillac Formula 1, and multiple other sports teams.
## Key takeaway

Walter offloads Chelsea stake following Lakers sale amid government scrutiny