Clearlake Capital becomes majority owner of Chelsea Football Club, buying out Boehly and Walter

Clearlake Capital has bought out the stakes of Todd Boehly and Mark Walter within Chelsea Football Club's ownership. This move consolidates Clearlake's position as the majority owner, following a period of turbulence among the club's leadership. Boehly and Walter had been prominent figures since the consortium acquired the club.

The change in ownership structure at Chelsea comes after a challenging period for the club on and off the pitch. Clearlake Capital's increased control signals a potential shift in the club's strategic direction and financial management.