Chelsea

Boehly and Clearlake Capital acquired the London-based football club from now-former owner and Russian billionaire Roman Abramovich back in 2022.

Since then, the 50-year-old has been a frequent attendee at Stamford Bridge and has taken a more active and involved role compared to many of his fellow investors.

As part of the deal in 2022, it is understood that the club's American co-owners were in agreement that rotating chairmanship between themselves would be permissible every five years.

Clearlake Capital, holding approximately 60% ownership of Chelsea, already wields significant influence over the club, with Behdad Eghbali actively involved in day-to-day operations at Stamford Bridge.

Todd Boehly's reign as Chelsea Chairman nearing an end

According to the Daily Mail, Chelsea are now looking to utilize the aforementioned clause to remove Boehly from his position at the end of the 2026-27 season.

Boehly assumed the role of interim sporting director in the summer following the acquisition of Chelsea by the American consortium.

The report adds that whispers had circulated regarding a potential rift between Boehly and Clearlake Capital, but the club swiftly dismissed those rumours.

The Blues maintain that Eghbali and Boehly have a professional working relationship, regularly communicate with each other and require each other's agreement on all major decisions.

Still, the intention to pursue a different direction in the role in the next two to three years may indicate that the club's ownership feels that there is room for improvement.

Nearly two years into Boehly's tenure as chairman, his leadership at Chelsea has not gone as anticipated, despite the ownership consortium injecting £2.5bn to acquire control of the club.

Under Boehly's guidance, Chelsea have splashed out £1bn in the transfer market to bring in the likes of Cole Palmer and Nicolas Jackson, but despite their significant expenditure on acquiring new talent, the Blues currently find themselves in 11th place in the Premier League standings.

As a result, Chelsea will miss out on European football for a second consecutive season after finishing 12th last term, which has contributed heavily to financial losses incurred by the club during Boehly's tenure.

The Blues will resume Premier League action on Sunday when they make the trip to Bramall Lane to face basement club Sheffield United.