In a dramatic turn of events, Chelsea Football Club is gearing up to introduce a new chairman in 2027
todd Boehly’s stint as a Chelsea chairman is about to be thwarted In an unprecedented arrangement, the American co-owners of the club have established a unique agreement allowing them to alternate the chairmanship every five years. It has now come to light that they plan to execute this arrangement at the conclusion of the 2026-27 season according to DailyMail.
CLEARLAKE MAKES DECISION ON BOEHLY
Despite holding a minority stake, Todd Boehly is believed to have been the first in line to assume the role under the terms of the takeover deal.
Clearlake Capital, managed by fellow owners Behdad Eghbali and Jose Feliciano, holds a majority 61.5 percent share in the club’s holding company. Todd Boehly, alongside Hansjorg Wyss and Mark Walter, equally splits the remaining 38.5 percent.
However, the decision on the initial chairman appears to be tied to terms outlined in the 2022 sale agreement. While there are no anticipated negative impacts on the club’s finances or any interest payouts, the agreement mandates Boehly’s group to cover any initial losses in case of a sale.
According to Mail Sport, Boehly’s group holds what’s referred to as ‘common stock’, whereas Clearlake, as majority stakeholders, possess ‘preferred stock’, offering greater protection against potential financial losses.
TODD BOEHLY’S REIGN OVER
Eghbali or Feliciano might assume the chairman’s role themselves or could potentially nominate a third party for the position. While no final decision has been reached regarding the new chairman, it’s confirmed that Boehly will be stepping down from the post.
The future for Todd Boehly at Chelsea seems uncertain as the club prepares for a change in leadership. Per Mail Sport, Boehly’s group holds ‘common stock’, while Clearlake, the majority stakeholders, have ‘preferred stock’ offering more financial protection.
Boehly, who has faced criticism from fans and media alike, could potentially return in 2032 if he retains his stake. However, there’s speculation that Eghbali or Feliciano might assume the chairman’s role or nominate a third party. Despite denials from Chelsea, rumors persist about tensions between Boehly and Clearlake.
While there’s no imminent shift in club operations anticipated, Chelsea’s commitment to signing young talent and investing in various areas beyond the playing squad is expected to continue. Despite recent struggles, optimism remains high for a turnaround, with faith in recent senior appointments.
The club’s ambitions, as per the ownership group, remain focused on success in domestic and European competitions. However, questions linger about the direction under the new leadership, amid ongoing challenges and expectations for improvement.
