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.

An deal with Clearlake Capital says that Chelsea will get a new chairman after Todd Boehly’s term ends in 2027.

Clearlake Capital and the American co-owners agreed that after they bought the club in 2022, the chairmanship can go back and forth between them every five years.

The Blues have now chosen to use that clause as soon as possible, which will happen at the end of the 2026–27 season.

As part of the group’s takeover in 2022, Boehly was made the first chairman, even though he only had a small share of the company.

Sixty-one.5% of the company is owned by Clearlake Capital, which is run by Behdad Eghbali and Jose Feliciano. The other 38.5% is owned by Boehly, Hansjorg Wyss, and Mark Walter.

There is a clause in the contract that says Boehly could come back as chairman in 2032, which is the end of the next five-year run. However, he is set to be fired in 2027.

Clearlake Capital, which seems to be in charge at Stamford Bridge, is said to be pulling away from the American, though.

It is also said that Boehly’s group owns “common stock,” while Clearlake Capital’s majority shareholders own “preferred stock,” which protects them from financial problems.

Before 2027, a new chairman has not been chosen. Eghbali or Feliciano could become chairman, or someone else could be chosen for the job.

No choice has been made about whether that will happen or not, but Boehly will be fired.

But because of the deal to switch chairmanships every five years, Boehly could get the job back in 2032.

He and his group could choose a head instead, though.

Simon Jordan criticises the Chelsea Supporters’ Trust for their letter to the club’s owners, Todd Boehly and Behdad Eghbali, about how the club is run.
There is no rift between Boehly and Clearlake; in fact, any big choice needs to be signed by both Boehly and Eghbali, who talk to each other all the time.

Nevertheless, the fact that this choice is being considered shows that they think Chelsea can do better.

There has been a lot of anger towards Boehly lately from Chelsea fans. He owns 20% of the Los Angeles Dodgers.

Fans of Chelsea have chanted against how he runs the club, and the media has also said bad things about him. He is probably the most public face of the present ownership.

Eghbali, on the other hand, has stayed mostly out of the spotlight, but he is just as involved, if not more so, with running the London outfit on a daily basis.

Chelsea is 11th in the Premier League right now; they were 12th last season. Earlier this month, they reported pre-tax losses of £90.1 million.