Todd Boehly ‘could be REPLACED as Chelsea chairman’ after holding the role since 2022… due to ‘written agreement between the American and Clearlake Capital’

Todd Boehly could be replaced as Chelsea chairman in three years time according to a new report.

The American has held that position since he and Clearlake Capital bought the club from Russian oligarch Roman Abramovich back in 2022. 

In the near two years that have followed, the Blues have spent over £1bn without winning a single trophy.

Thomas Tuchel and Graham Potter have both been sacked, while they have failed to improve under current boss Mauricio Pochettino, with the club sitting in the bottom half of the Premier League table.

The Telegraph have now reported that Chelsea’s owners can pass the chairmanship of the club between them every five years as part of a written agreement.

Boehly has faced some criticism as Chelsea struggle on the pitch despite spending big money

Reports have suggested that Clearlake Capital – owned by Eghbali (pictured) and Jose Feliciano – could nominate a new chairman of the Stamford Bridge club in three years time

It means that under-pressure Boehly could be replaced by 2027, as Clearlake Capital – owned by Behdad Eghbali and Jose Feliciano – will have the opportunity to put forward their own representative in 2027. 

Were Clearlake to take the chairmanship, Boehly could yet reclaim the role in 2032.

However, the agreement is an option rather than an obligation, meaning Boehly could keep the role if Clearlake decline the chance to put a name forward.

Boehly has faced a lot of criticism due to Chelsea’s ongoing struggles, while the Telegraph claim that Eghbali’s influence inside the club has ‘dramatically increased’ over the past year. 

They also claim that Boehly has no plans to pass up the role and that there is no suggestion that Eghbali and Feliciano would want to take the role up.  

Both Eghbali and Feliciano have largely stayed out of the spotlight compared to Boehly – who has been a regular attendee of Chelsea’s matches. 

The Telegraph also claim they have obtained details of ‘how the money and power is split’ at Stamford Bridge.  

It’s claimed Clearlake Capital owns 60 per cent of the shares and voting rights in 22 Holdco – the UK-based company behind Chelsea.

Chelsea have not won a trophy under their new ownership despite spending more than £1bn

Two managers have been sacked, while the Blues are 11th under current boss Mauricio Pochettino

The remaining 40 per cent is split equally between Boehly, Hansjorg Wyss and Mark Walter – meaning each man owns a stake of just over 13 per cent. 

The 13 per cent stake of Boehly’s is entirely privately funded by his own cash. 

Meanwhile, Chelsea announced a pre-tax loss of £90.1m in the first full year under Boehly and Clearlake. 

Chelsea had made a loss of £121.4m the previous year, which the club blamed on sanctions imposed on the club’s former owner Roman Abramovich.

The losses will raise further doubts over Chelsea’s ability to meet the Premier League’s profit and sustainability rules (PSR). The rules limit clubs to losses of £105m over a three-year period.

Chelsea stressed the club ‘continues to comply with UEFA and Premier League financial regulations’, despite the loss in the year and fallout from the sanctions.