---
title: "Todd Boehly expected to sell Chelsea stake as Clearlake closes in"
canonical: "https://readchelsea.com/2026/09/11/todd-boehly-chelsea-stake-clearlake-sale/"
type: "post"
language: "en-GB"
author: "James Chettle"
section: "Chelsea News"
published: "2026-09-11T11:11:24Z"
modified: "2026-09-22T18:09:59Z"
---

# Todd Boehly expected to sell Chelsea stake as Clearlake closes in

Todd Boehly is expected to sell his Chelsea stake as Clearlake Capital closes in on a significant change to the club’s ownership structure.

Chelsea’s majority shareholder is nearing an agreement to buy out co-owners Boehly and Mark Walter, with the proposed transaction valuing the club at around **£5billion**, according to [fresh reporting from The Guardian](https://www.theguardian.com/football/2026/sep/10/clearlake-capital-closing-buying-out-chelsea-co-owners-todd-boehly-mark-walter-5bn?utm_source=chatgpt.com).

It represents a major progression from the talks first revealed last month.

[ReadChelsea reported on 17 August that Boehly and Walter had opened discussions over selling their stakes to Clearlake](https://readchelsea.com/2026/08/17/chelsea-ownership-bombshell-as-todd-boehly-opens-talks-to-sell-stake/?utm_source=chatgpt.com), although no agreement was guaranteed at that stage.

Those talks now appear much closer to producing a deal.

> 🚨🚨| NEW: Todd Boehly and Mark Walter are set to 𝐒𝐄𝐋𝐋 𝐒𝐓𝐀𝐊𝐄𝐒 of Chelsea, but the deal will fall short of the £5bn valuation. 💰🔵\
> \
> \[[@talkSPORT](https://x.com/talkSPORT?ref_src=twsrc%5Etfw)\] [pic.twitter.com/4bO9QidT7U](https://t.co/4bO9QidT7U)
>
> — CentreGoals. (@centregoals) [September 10, 2026](https://x.com/centregoals/status/2098133195372089553?ref_src=twsrc%5Etfw)

## Clearlake could take greater control of Chelsea

Clearlake already owns **61.5 per cent** of Chelsea.

Boehly, Walter and Hansjörg Wyss each hold **12.8 per cent**, having formed part of the consortium which bought the club from Roman Abramovich in 2022.

Chelsea confirmed at the time that [Boehly and Clearlake would share joint control and equal governance](https://www.chelseafc.com/en/news/article/consortium-led-by-todd-boehly-and-clearlake-capital-completes-ac?utm_source=chatgpt.com) despite Clearlake providing the majority stake.

That unusual structure could now be moving towards a decisive change.

The Guardian reports that Walter is close to an agreement, while Boehly is also expected to sell his stake. Wyss’s position remains unclear.

Clearlake already has day-to-day operational control through Behdad Eghbali and José E. Feliciano.

Increasing its ownership could therefore simplify decision-making at Stamford Bridge rather than bringing an entirely new group into the club.

One of the areas potentially affected is Chelsea’s long-running stadium question.

The report says Boehly and Eghbali have differed over whether Chelsea should redevelop Stamford Bridge or pursue an alternative site.

There has been **no official Chelsea announcement confirming a sale**, while representatives for Boehly and Clearlake declined to comment.

For now, the key development is clear: discussions that were still uncertain in August have moved considerably closer to changing Chelsea’s ownership structure.