In 2027, Chelsea is poised for a change in leadership as Chelsea’s Todd Boehly is set to be succeeded by Chelsea under a deal orchestrated with Clearlake Capital. This transition follows a stipulation in the agreement between Clearlake Capital and the American co-owners, allowing the chairmanship to rotate every five years following the club’s acquisition in 2022. Opting to exercise this option promptly, Chelsea will see a new chairman at the conclusion of the 2026–2027 season.
Initially designated as the first chairman due to the 2022 takeover, Boehly, holding a minor stake in the company, paved the way for this forthcoming shift. Clearlake Capital, led by Behdad Eghbali and Jose Feliciano, holds a majority investment of 61.5%, while Boehly shares the remaining 38.5% with Hansjorg Wyss and Mark Walter.
Although Boehly’s tenure is set to conclude in 2027, a provision allows for his potential return to the chairmanship in 2032. Reports suggest a growing distance between Boehly and Clearlake Capital, with the latter seemingly dictating decisions at Stamford Bridge.
While a successor to Boehly has yet to be determined, potential candidates include Feliciano, Eghbali, or an outside nominee. Despite criticisms of Chelsea’s management by figures like Simon Jordan, Boehly and Clearlake Capital maintain amicable relations, with significant decisions requiring consensus.
Criticism directed at Boehly, exacerbated by Chelsea’s recent performance and financial losses, underscores the desire for improvement within the club. Despite remaining less visible, Eghbali’s involvement in Chelsea’s day-to-day affairs is substantial.
As Chelsea grapples with on-field challenges and financial setbacks, the impending leadership transition marks a pivotal moment in the club’s trajectory.
