Since Russian billionaire Roman Abramovich was forced to sell Chelsea due to the Russia-Ukraine conflict, the London club has been in turmoil under its new owner, American businessman Todd Boehly.
Now, it seems that the Boehly era at Chelsea has an expiration date. According to talkSPORT.com, there is an agreement between private equity firm Clearlake Capital and Boehly (along with the other co-owners of the team) to rotate the management of the club every 5 years.
This means that for the 2026/27 season, Boehly may no longer be the main administrator behind the club. Despite only owning a minority stake in the club, the American was chosen by the board of investors to be the face of the project and in charge of Chelsea.
Clearlake Capital, managed by Behdad Eghbali and Jose Feliciano, owns 61.5% of the club, while Boehly has an equal split with Hansjorg Wyss and Mark Walter, accounting for 38.5% of Chelsea’s shares.
Chelsea under Boehly
Chelsea currently sits in 11th place in the Premier League this season and has failed to qualify for European competition for the second consecutive year, finishing 12th in 2022/23.
Under Boehly’s ownership, Chelsea has reported losses of approximately £90 million and has spent over £1 billion on transfers since the new owners took over.
