In 2022, Todd Boehly and Clearlake joined together to lead the historic acquisition of Chelsea – successfully navigating an unprecedented period of uncertainty imposed by outside political events – and Todd organised his chairmanship with an unwavering commitment to this ownership group’s fundamental belief that the supporters are at the heart of everything the Club does.

The owners have worked together with the shared objective of building a sustainable foundation for long-term sporting success. Under their joint ownership, substantial investment has been made across the men's and women's senior and youth squads, Chelsea’s training facilities at Cobham, medical and player-support resources, Academy development and pathways, and the sporting and business leadership of the Club.

Todd Boehly now leaves his role as Chairman with Chelsea well positioned for the next phase of development. The progress made over the past four years reflects the shared commitment of Clearlake, Boehly and the wider ownership group and the leadership, staff, coaches and players at Chelsea. Clearlake intends to continue building on the strategic course the Club is now on and realising the ambition that the ownership group has developed together.

Todd Boehly said, 'It has been an honour to serve as Chairman of Chelsea Football Club. I would like to thank the many who helped secure a bright future for the Club, including the English Premier League, the coaches and players, the talented leadership and staff at Chelsea, and the legions of dedicated fans. I have valued my partnership with Clearlake and the wider ownership group, and the collective decisions and investment we have made to support the immediate and long-term success of the Club. I am confident that Chelsea is well positioned for continued success under Clearlake’s leadership.'

Behdad Eghbali and José E. Feliciano, co-founders of Clearlake Capital, said, 'Todd has been an important partner throughout our ownership of Chelsea, and we thank him for his time and contribution as Chairman. He will always be a part of the Chelsea story and family. Clearlake has served as Chelsea’s majority owner since 2022, and as we move to full control our focus is to continue investing in the Club’s infrastructure, sporting performance, player development and delivering long-term success for Chelsea and the Club’s supporters.'

There will be no changes to the day-to-day operations, leadership or strategy at the Club.

Evercore (NYSE: EVR) is serving as lead financial advisor on the transaction, with the Evercore team led by Simon Robey. The Raine Group, BDT&MSD Partners, and BofA Securities are serving as financial advisors to Clearlake. Sidley Austin LLP is serving as legal advisor to Clearlake and the Club. Goldman Sachs & Co. LLC is serving as financial advisor and Latham & Watkins LLP as lead legal advisor to the sellers, with additional advice provided to Mark Walter by Winston Taylor LLP. Macfarlanes LLP is serving as legal advisor to Hansjörg Wyss.