Under-pressure Todd Boehly ‘will be REPLACED as Chelsea chairman with deadline set for billionaire’s exit’
TODD BOEHLY will be replaced as Chelsea chairman, according to shock reports.
The American billionaire took on the role when he fronted the consortium that bought the Blues from Roman Abramovich in 2022.
However, the Daily Mail claim he will be removed from his position in 2027 with a new chairman instated.
It is reported that part of the co-owners’ agreement enables them to switch the role between themselves every five years.
Boehly ‘went first’ out of the group.
His five-year stint will therefore end in 2027, when Chelsea are set to then switch up the chairmanship.
Boehly is actually a minority owner of the Blues.
He, Hansjorg Wyss and Mark Walter all own approximately 12.8 per cent of the club to make up 38.5 per cent.
The remaining 61.5 per share is held by Clearlake Capital.
That is the private equity company spearheaded by fellow co-owners Behdad Eghbali and Jose Feliciano.
The Mail adds that the Clearlake group hold ‘preferred stock’ as opposed to the ‘common stock’ for the others – with the former having more financial protection.
The decision on who will become the next chairman is allegedly undecided.
Eghbali and Feliciano could take on the post from 2027 to 2032.
Alternatively, they could appoint someone else on their behalf.
Either way, though, Boehly’s reign as chairman is expected to end at the culmination of the 2026-27 season.
He could, however, return to the hot seat five years later on the next rotation.
It is claimed the relationship between Boehly and Clearlake has not broken down, despite the anticipated major change at the top of the club.
Eghbali and Boehly must both sign off on major decisions and have overseen a staggering £1billion in spending on transfer fees in the two seasons in charge.
Boehly has been the subject of much fan anger and frustration amid struggles on the pitch and potential Profit and Sustainability Rules sanctions off it, especially after announcing pre-tax losses of £90.1million in 2022-23.
But it is Eghbali who is said to be the man running operations behind the scenes.
Both sides insist they remain committed to Chelsea for the long term and there is hope fortunes will start to turn soon.
Therefore the new chairman is unlikely to spark widespread and dramatic change in the way they run the club with a strong emphasis on recruiting young players as well as investing in scouting, data and sports science.
SunSport have contacted Chelsea for comment.
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