MX23RW : Wednesday, January 29 09:20:46| >> :120:40100:40100:

Chelsea 'to remove Todd Boehly as chairman at earliest opportunity'

Chelsea 'to remove Todd Boehly as chairman at earliest opportunity'
© Reuters
Chelsea chairman Todd Boehly is reportedly set to be removed from his position at the club by his fellow owners Clearlake Capital in the summer of 2027.

Chelsea Chairman Todd Boehly is set to be removed from his position at the club by his fellow owners in 2027, according to a recent report.

Boehly and Clearlake Capital acquired the London-based football club from now-former owner and Russian billionaire Roman Abramovich back in 2022.

Since then, the 50-year-old has been a frequent attendee at Stamford Bridge and has taken a more active and involved role compared to many of his fellow investors.

As part of the deal in 2022, it is understood that the club's American co-owners were in agreement that rotating chairmanship between themselves would be permissible every five years.

Clearlake Capital, holding approximately 60% ownership of Chelsea, already wields significant influence over the club, with Behdad Eghbali actively involved in day-to-day operations at Stamford Bridge.

Chelsea co-owner and chairman Todd Boehly in the stands before the match on August 13, 2023© Reuters

Todd Boehly's reign as Chelsea Chairman nearing an end

According to the Daily Mail, Chelsea are now looking to utilize the aforementioned clause to remove Boehly from his position at the end of the 2026-27 season.

Boehly assumed the role of interim sporting director in the summer following the acquisition of Chelsea by the American consortium.

The report adds that whispers had circulated regarding a potential rift between Boehly and Clearlake Capital, but the club swiftly dismissed those rumours.

The Blues maintain that Eghbali and Boehly have a professional working relationship, regularly communicate with each other and require each other's agreement on all major decisions.

Still, the intention to pursue a different direction in the role in the next two to three years may indicate that the club's ownership feels that there is room for improvement.

Noni Madueke, Cole Palmer and Enzo Fernandez ahead of Chelsea penalty against Manchester United on April 4, 2024.© Reuters

Nearly two years into Boehly's tenure as chairman, his leadership at Chelsea has not gone as anticipated, despite the ownership consortium injecting £2.5bn to acquire control of the club.

Under Boehly's guidance, Chelsea have splashed out £1bn in the transfer market to bring in the likes of Cole Palmer and Nicolas Jackson, but despite their significant expenditure on acquiring new talent, the Blues currently find themselves in 11th place in the Premier League standings.

As a result, Chelsea will miss out on European football for a second consecutive season after finishing 12th last term, which has contributed heavily to financial losses incurred by the club during Boehly's tenure.

The Blues will resume Premier League action on Sunday when they make the trip to Bramall Lane to face basement club Sheffield United.

ID:540747:1false2false3false:QQ:: from db desktop :LenBod:collect5202:
Written by
Devesh Jaganath

Click here for more stories about Todd Boehly

Click here for more stories about Chelsea

Collect / Create New Data
Share this article now:
Chelsea's new manager Mauricio Pochettino during the press conference on July 7, 2023
Read Next:
Pochettino supportive of Chelsea owners in dressing room
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free daily transfer newsletter! Sent twice a day during the transfer window.
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool22165154213353
2Arsenal23138244212347
3Nottingham ForestNott'm Forest2313553327644
4Manchester CityMan City23125647301741
5Newcastle UnitedNewcastle23125641271441
6Chelsea23117545301540
7Bournemouth23117541261540
8Aston Villa2310763435-137
9Brighton & Hove AlbionBrighton2381053531434
10Fulham238963431333
11Brentford2394104240231
12Manchester UnitedMan Utd2385102832-429
13Crystal Palace236982630-427
14West Ham UnitedWest Ham2376102844-1627
15Tottenham HotspurSpurs2373134637924
16Everton225891928-923
17Leicester CityLeicester2345142549-2417
18Wolverhampton WanderersWolves2344153252-2016
19Ipswich TownIpswich2337132147-2616
20Southampton2313191653-376


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!