BREAKING NEWS: Coming live from Fabrizio Romano, Boehly OUT: Chelsea boss to sell his shares after just two years. The face of Chelsea’s project in the post-Roman Abramovich era, Todd Boehly could soon leave the Blues. According to Sky Sports, the American entrepreneur is weighing up relinquishing his shares. He said “I came here with Vision but I couldn’t see any of what I did yield good fruit. There’s a bigger problem than just me, Behdad Eghbali’s firm is going to cause more problems and it’s not something I can handle”. Todd Boehly is selling his shares in Chelsea, it is mentioned that the relationship between Boehly and Eghbali is thought to have deteriorated.
Todd Boehly, the face of Chelsea’s post-Roman Abramovich era, is reportedly considering selling his shares in the club. According to Sky Sports, the American businessman is contemplating stepping away from his role at Chelsea. Boehly, along with a consortium led by Clearlake Capital, took over ownership of the club in 2022 after Abramovich was forced out due to political tensions following Russia’s invasion of Ukraine. Since then, Boehly has invested heavily in the team, spending more than €1.2 billion on new players.
Despite these significant financial commitments, Chelsea has struggled to achieve success on the pitch, and Boehly has faced mounting criticism for the club’s lack of progress. Initially, he took a very active role in player recruitment and overall management decisions, which led to mixed results. In recent months, however, he has stepped back and allowed more qualified professionals to handle the recruitment process. Still, Boehly remains involved in key decisions and must sign off on important matters, though this dynamic may soon change.
Sky Sports also reports that Boehly is considering relinquishing his shares, with Clearlake Capital open to buying him out. Behdad Eghbali’s firm, which holds a 62% stake in the club, has no intention of selling its majority ownership and remains committed to Chelsea. According to the report, the relationship between Boehly and Eghbali has reportedly deteriorated, although the two continue to communicate in a professional and respectful manner.
Clearlake Capital believes that Chelsea has weathered the most challenging period of its recent history and is optimistic about the club’s future, potentially one without Boehly. However, questions remain regarding the club’s long-term prospects. Chelsea’s aggressive transfer strategy continues to face scrutiny, with some in the industry suggesting that the approach may not align with the best practices. If this is the case, it could lead to further complications for the Blues down the line.
As Boehly contemplates his future at the club, it remains to be seen how Chelsea’s project will evolve and whether the club can turn its significant investments into on-field success.