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| Cole Palmer is embraced by Chelsea chairman Too Boehly with Donald Trump watching on. Photo: Getty Images |
The Telegraph in the UK is reporting that Chelsea co-owners Todd Boehly and Mark Walter are looking at selling their stakes in the Premier League club.
Their proposed sale to majority owner Clearlake Capital would value the London club at $9.5 billion and give the private equity company complete control at the club.
Currently, the pair, along with Hansjorg Wyss, own 12.8% each of the club.
Boehly is the chairman, but Clearlake, with Behdad Eghbali and Jose Feliciano in charge, call the shots at Stamford Bridge.
Boehly is arguably the most visible of Chelsea owners, and was the face of the bid that bought the club off Roman Abramovich four years ago in a $5 million deal, but his chairmanship is due to end at the end of the season.
According to the BBC, a rift within the ownership group, first rumoured in 2024, has led to the parties working out how to buy each other out. The future of Stamford Bridge and agreement on whether to move, or what that would look like, has been suggested as one of the sources of tension.
Should they successfully sell their stakes, the pair would each stand to pocket some $1.2 billion each.
It would be a dizzying period for Walter, co-owner and chief executive of global finance firm Guggenheim Partners, who sold the Los Angeles Lakers last week for a record $17.6 billion.
Xabi Alonso has been appointed to lead Chelsea on the park this term as they look to rebuild after a 10th placed finish last term, the latest twist in a turbulent four years under the American ownership. While Chelsea won the Club World Cup in 2025, they have chopped and changed managers without mounting a serious Premier League title chase.
The Athletic reports there is an ongoing United States Department of Justice investigation into Walters’ business dealings, while this Chelsea sale is not something that will be triggered imminently.
Meanwhile, off field discussions haven’t stopped Chelsea being active in the transfer market but the latest report suggests speedster Pedro Neto could be off to Al Hilal.
Sky Sports reports that Chelsea have put a $191 million price tag on the Portuguese winger if the Saudi Arabia club are serious in securing him.
- Football360.com.au
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