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Chelsea Chairman Resigns
Following the complete acquisition of Chelsea Football Club by Clearwater Capital, the club's owner Todd Boehly and CEO Mark Walter have decided to step down from their positions, while Clearwater remains a major shareholder in the club. Boehly and Walter sold their shares, which constituted approximately 12.8% of the club, for around one billion pounds, even though the club's total valuation is estimated at five billion pounds. Boehly expressed pride in serving as chairman and appreciation for everyone's efforts, noting that the club continues to pursue plans to develop its infrastructure and athletic performance, while maintaining daily operations without change. This leadership change comes at a time when the club is striving for ongoing success, despite challenges related to the development plans for Stamford Bridge or moving to a new stadium.
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