Todd Boehly will stand down as Chelsea’s chairman in 2027 as part of an agreement in which a representative of joint-owners Clearlake Capital will take on the role.
While a decision has not yet been made on whether that will be Behdad Eghbali or José E Feliciano, the arrangement means the chairmanship will switch between the main shareholders at Stamford Bridge every five years.
Clearlake Capital, the private equity firm managed by Eghbali and Feliciano, has a 61.5 per cent stake in the club’s holding company while Boehly has an equal split of the remaining 38.5 per cent with Mark Walter and Hansjorg Wyss.
But as the frontman for the bid team that won the battle to succeed Roman Abramovich as Chelsea’s owner in 2022,
