Todd Boehly, the public face of Chelsea’s new ownership after Roman Abramovich, is reportedly considering selling his shares in the club.
According to Sky Sports, the American businessman may step away from his role at Chelsea.
Boehly, along with Clearlake Capital, took control of the club in 2022 after Abramovich was forced to leave due to political tensions following Russia’s invasion of Ukraine. Since then, Boehly has invested over €1.2 billion in new players.
Despite these significant investments, Chelsea has struggled to find success on the pitch, and Boehly has faced growing criticism for the club’s lack of progress.
Initially, he played a hands-on role in recruitment and management, but his involvement led to mixed outcomes.
Recently, he has stepped back, allowing more experienced professionals to manage recruitment.
However, Boehly is still involved in major decisions and must approve important matters, though this may soon change.
Sky Sports also reported that Boehly is considering selling his shares, with Clearlake Capital open to buying him out.
Behdad Eghbali’s firm, which owns 62% of Chelsea, has no intention of selling its majority stake and remains committed to the club.
There are also reports of a strained relationship between Boehly and Eghbali, though they continue to work together professionally.
Clearlake Capital is optimistic about Chelsea’s future, believing that the club has navigated its most challenging phase.
However, questions remain about the long-term strategy, particularly regarding the club’s aggressive transfer policy, which has been met with industry criticism.
If this approach proves unsustainable, it could create additional problems for Chelsea.
As Boehly considers his next steps, it is unclear how Chelsea’s project will evolve or if the significant investments will lead to success on the field.
