Mark Walter sells stake in Chelsea FC amid investigation

Mark Walter has sold his stake in Chelsea FC, the club announced on Wednesday, Sept. 16.

Clearlake Capital will take control of his ownership investment as well as that of Todd Boehly, which gives the group, helmed by Behdad Eghbali and José E. Feliciano, full ownership. Boehly also steps down from his role as chairman of the club.

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The terms of the sale have not been made public, but The Financial Times reports that the two businessmen

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