Breaking: Todd Boehly set to depart Chelsea after four year of Co-Ownership

By Akpo Esco 

The era of Todd Boehly at Chelsea is reportedly reaching its conclusion as the American billionaire prepares to offload his minority stake in the Premier League giants. After a whirlwind tenure defined by record-breaking spending and backroom friction, Clearlake Capital is now poised to assume total control of the club.

Clearlake close in on total takeover

Boehly and Mark Walter are reportedly on the verge of cashing out at Chelsea. 

Talks have accelerated in recent weeks, with majority shareholders Clearlake Capital poised to buy out the American duo's minority stakes, .

Clearlake, led by Behdad Eghbali and Jose E. Feliciano, currently holds a 61.5 per cent share in the Blues. The remaining 38.5 per cent is split evenly between Boehly, Walter, and Swiss billionaire Hansjorg Wyss. If successful, this internal buyout would give the investment firm near-total authority over the west London club.

The BlueCo consortium purchased Chelsea from Roman Abramovich in May 2022 for £2.5 billion, pledging a further £1.75bn in investment. 

However, behind-the-scenes tension has grown, with Boehly and Eghbali reportedly clashing over the club's sporting direction and a potential redevelopment of Stamford Bridge.

Culled from Goal.com