Sport

Chelsea majority shareholder denies plans to sell stake amid power battle

Clearlake Capital, the majority shareholder of Chelsea, has no intention of selling its 61.5% stake in the club.

This dismisses recent claims of an ownership battle among stakeholders of the club.

A Bloomberg report suggests potential buyouts between shareholders, but The Telegraph has confirmed Clearlake would only be open to increasing its stake instead.

Chelsea’s current ownership, including Clearlake, co-owner Todd Boehly, and other investors, has not engaged in any discussions about selling Clearlake’s shares.

Chelsea majority shareholder denies plans to sell stake amid power battle
Boehly and Eghbali – Getty image

Boehly, who stepped back from daily operations, reportedly remains committed to the club alongside Clearlake’s long-term vision.

“Clearlake sees their investment as long-term, with no plans to sell or raise third-party capital,” sources say.

Clearlake, co-owned by Behdad Eghbali and José E. Feliciano, intends to maintain stability, ensuring Chelsea are not auctioned again.

While Boehly holds the chairman title until at least 2027, Clearlake could nominate their representative for the role after that.

The private equity fund, which co-manages Chelsea with Eghbali and Feliciano, remains positive to the club’s future, focusing on long-term growth and stability.

For now, any rumour of a power struggle or sale appear to be unfounded, with Clearlake keen on Chelsea’s ongoing development.