Chelsea's Chairman Todd Boehly to Step Down in 2027

Chelsea Football Club is set for a leadership change, with current chairman Todd Boehly stepping down in 2027. 

This news comes from a unique agreement within the club's American ownership group. 

The co-owners, including Boehly, Clearlake Capital, Hansjorg Wyss, and Mark Walter, have established a system where the chairmanship rotates every five years. Boehly, despite holding a minority stake, is serving as the first chairman under this agreement. 

Clearlake Capital, a private equity firm led by Behdad Eghbali and Jose Feliciano, holds the majority share (61.5%) in the club's holding company. Boehly, Wyss, and Walter share the remaining 38.5% equally. 

The initial chairmanship for Boehly is believed to be connected to the 2022 sale agreement. This agreement reportedly holds Boehly's group responsible for covering any initial financial losses should the club be sold. 

This rotating leadership structure suggests a long-term commitment from the ownership group. 

By sharing the chairmanship, they can leverage the strengths of each member while ensuring a fresh perspective at the helm every five years.