Chelsea co-owner Mark Walter may be selling his stake amid an ongoing financial investigation — and it’s not just him. Todd Boehly, the face of the ownership group who led the $4.25 billion buyout four years ago, is also reportedly ready to exit. Surprising given his leadership role, Boehly’s move comes as tensions simmer with majority owners Clearlake Capital over team direction and stadium plans — and with his own pre-agreed exit in 2027 looming. If both sell, Clearlake, already holding over 60% of the club, would dominate decision-making without minority hurdles.

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