Chelsea co-owner Todd Boehly seen covering his mouth in disappointment at Stamford Bridge
Todd Boehly is considering selling his stake in Chelsea Football Club.Imago

Why Todd Boehly leaving will be the best thing to happen to Chelsea

Harri Burton

Senior Correspondent AUTHORITY Senior football journalist specialising in refereeing and officiating; former contributor to The Football League Paper, Late Tackle, and the Premier League; University of Derby graduate. FOCUS Refereeing controversies, football finance and governance, PGMOL decisions, and officiating analysis across the Premier League, EFL, and SPFL. THE INSIGHT Harri utilises a network of officiating and industry contacts to deliver verified, expert analysis of refereeing decisions and PGMOL policy. He provides the regulatory clarity behind the controversy to ensure fans get the full picture.

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Chelsea's ownership situation has taken yet another huge twist as Todd Boehly considers cashing in at Stamford Bridge.

Just days ago, supporters raised questions over what minority investor Mark Walter's financial issues could mean for the Blues.

Now, Boehly has joined the list of those in West London exploring a sale of his 12.8 per cent stake in the club, with talks already underway.

Despite Clearlake Capital - led by co-founders Behdad Eghbali and Jose E. Feliciano - owning a 61.5 per cent stake, Boehly has been the face of Chelsea.

It has certainly not been all doom and gloom during the 52-year-old's time at Stamford Bridge. He saved the club in 2022, has led the Blues back to winning trophies, and has invested in youth.

But more often than not, he faces fierce criticism from the supporters, and if blamed for many of the faults at Stamford Bridge.

Todd Boehly has caused more problems than he's fixed

Behind the scenes, it is believed that Boehly's intervention has also caused problems on and off the pitch, clashing with the other co-owners.

Because of that, there is not a clear identity to the ownership, with disagreements emerging over the general direction of Chelsea's future.

Clearlake Capital purchasing his shares should eliminate that problem altogether, which would stop the waste of money on players, the continual change of managers, and halted stadium plans.

Boehly even admitted in 2025 that co-owners could walk away if agreements could not be made for the future of Stamford Bridge.

Who on earth does that benefit? Absolutely nobody. And during Boehly's era, Chelsea have gone through six permanent managers in four years.

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Can Chelsea shine under Xabi Alonso?

Xabi Alonso has already been backed to achieve great things at Stamford Bridge, but only if he is afforded the time to do so.

Chelsea, much like Watford, are infamous for the revolving door of managers, but the early signs are positive, especially if Boehly leaves.

The club's current transfer tactics certainly need to change as well. Over the last few windows, the Blues have simply just thrown money at players and hope for the best.

With a clear plan under Clearlake Capital, the new manager has a great chance of taking Chelsea back to their former glory, potentially with a Premier League title on the horizon.

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