Chelsea owner Todd Boehly may sell stake to Clear Lake

Chelsea Football Club is preparing for ownership changes, as American owner Todd Boehly and director Mark Walter are considering selling their stakes to Clear Lake Capital, giving the firm near-complete control over the London club. The potential deal, which could value the club at more than £5 billion, presents Clear Lake with the opportunity to own over 86% of the club's shares, granting it effective control, including matters related to the new stadium at Stamford Bridge. These developments come after financial difficulties for Walter and disagreements over club management and the stadium's future, as negotiations over the sale resume amid tense financial conditions, with some shareholders holding differing views and uncertainties surrounding Boehly's role in the club.

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