Chelsea News

Chelsea owner Todd Boehly to be replaced as Chelsea chairman Next Summer but may return in unique deal it has been confirmed by Fabrizo Romano this evening.

In a forthcoming change of leadership, Chelsea Football Club is set to see Chelsea taking over as chairman from Todd Boehly, as per an agreement with Clearlake Capital.

This arrangement, part of the club’s 2022 acquisition deal, allows for the rotation of chairmanship every five years. The decision to exercise this option has been made, with the switch anticipated at the end of the 2026-2027 season.

Boehly, holding a minor ownership stake, was initially appointed chairman during the 2022 takeover. Clearlake Capital, led by Behdad Eghbali and Jose Feliciano, holds the majority investment, with Boehly sharing the remainder. While Boehly’s tenure is slated to conclude in 2027, a provision exists for his potential return in 2032. Nevertheless, indications suggest Clearlake Capital’s increasing influence in decision-making at Stamford Bridge.

Although a successor is yet to be named, the position may be assumed by Feliciano, Eghbali, or another nominee. Despite ongoing speculation, Boehly could reclaim the chairmanship in 2032, adhering to the alternating leadership arrangement.

Moreover, amid ongoing developments, it’s worth noting that Simon Jordan has critiqued Chelsea Supporters’ Trust for their handling of team management in a letter addressed to Boehly and Eghbali. Despite external scrutiny, the relationship between Boehly and Clearlake Capital remains intact, with significant decisions requiring their mutual agreement.

However, the decision to transition chairmanship hints at a desire for change and improvement within the club. Notably, Chelsea fans have voiced dissatisfaction with Boehly’s management, particularly in light of his ownership in the Los Angeles Dodgers.

While Boehly occupies a visible role, Eghbali’s involvement in day-to-day operations is equally if not more significant. With Chelsea’s recent performance struggles and reported financial losses, there is clear room for improvement and potential changes in leadership dynamics.

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