Chelsea’s joint‑ownership ends as Clear Lake gains full control

Chelsea announced on the 16th that its joint‑ownership structure is ending, moving from the consortium that bought the club in May 2022 for an estimated £2.5 billion to sole control by Clear Lake Capital, after years of Roman Abramovich’s ownership since 2003 and a 2022 decision to sell amid the Russia‑Ukraine conflict.

Todd Berry, who had served as chairman under the five‑year rotation rule, fell out with Clear Lake Capital, which held 61.5 percent, over a new stadium plan in September 2024. Ultimately Berry, director Mark Walter and Swiss investor Hansjörk Vis each sold their 12.8 percent stakes, giving Clear Lake Capital, led by Behadd Egbarri and Jose E. Feliciano, full ownership.

Vis will remain a key stakeholder, and the club said the transition will not alter daily operations, management or strategy. Berry thanked the Premier League, staff, players and fans in a statement, praising the partnership with Clear Lake and its leadership.