The Billion Dollar Shift: What Clearlake's Full Control Means for Chelsea As Todd Boehly and Mark Walter sell their 25% stake in Chelsea FC to majority shareholders Clearlake Capital, the details of this decision are still being digested by fans and pundits.
On its surface, this move appears to be a transfer of ownership, but it reveals more about the complex web of power dynamics at play within the Premier League's top tier.
Clearlake's co founder Behdad Eghbali has been pulling the strings since 2022, when he led the consortium that bought Chelsea alongside Boehly. Now, with this deal, they will hold a commanding 86.