Clearlake takes full control of Chelsea after Boehly and Walter exit
Clearlake Capital has acquired the shares previously held by Todd Boehly and Mark Walter to take full control of Chelsea Football Club, a sale reported to be close to £1 billion. The move follows financial allegations linked to Walter and long-running disagreements involving Boehly, who held a prominent public role despite a minority shareholding. Clearlake said it will continue investing in infrastructure, player development and sporting performance, and confirmed there will be no changes to day-to-day operations or manager Xabi Alonso's position, while the club gains the ability to make immediate decisions without board votes.
Clearlake now has full ownership and decision-making control of the club
Context
Owners had disagreements and an investigation into Walter's finances led to share sales. Boehly and Walter sold their stakes and Clearlake bought them. Clearlake may now make immediate decisions and continue investing in the club.
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