Chelsea have entered a new ownership era after American investment firm Clearlake Capital acquired the ownership interests of Todd Boehly and Mark Walter, giving it full control of the Premier League club.
Chelsea confirmed the transition on Wednesday, saying affiliates of Clearlake would acquire Boehly’s ownership interest and Walter’s stake. Swiss businessman Hansjörg Wyss will remain an important stakeholder and partner in the ownership group, according to the club.
Boehly has also stepped down as chairman.
The development marks a change in Chelsea’s ownership structure four years after Clearlake and Boehly joined forces to acquire the club from Roman Abramovich.