In a surprising turn of events, Todd Boehly is set to step down as Chelsea chairman in 2027, as reported by Mail Sport. This decision is part of a unique arrangement made by the club’s American co-owners, allowing them to rotate the chairmanship every five years.
The transition is expected to take place at the end of the 2026/2027 season, with Boehly being the first to relinquish his position despite holding a minority stake in the club. Clearlake Capital, the private equity firm led by co-owners Behdad Eghbali and Jose Feliciano, holds a majority 61.5% share in the club’s holding company. On the other hand, Boehly shares the remaining 38.5% with Hansjorg Wyss and Mark Walter.
The decision for Boehly to step down first is believed to be linked to the terms of the 2022 sale agreement. According to the agreement, Boehly’s group would be responsible for covering any initial losses in the event of a sale or realization.
This move marks a significant shift in leadership for Chelsea and highlights the dynamic nature of the club’s ownership structure. Stay tuned for more updates on this developing story.
