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Insider Simon Phillips reported that Todd Boehly and Mark Walter are negotiating the sale of their shares in Chelsea to majority owner Clearlake Capital, driven by conflicts over stadium redevelopment and youth development strategy.

Journalist and Chelsea insider Simon Phillips has revealed major shifts in the ownership structure of the London club.

According to Simon Phillips:

Todd Boehly and Mark Walter are in talks to sell their stakes in Chelsea to majority owner Clearlake Capital, informed sources have reported. This has been building for some time, as they've faced disagreements on various issues, from stadium plans to the youth-focused team project. There is no turning back now, as Clearlake had no intention of offloading their share.

The conflict among the co-owners has reached a critical juncture. Should the shares be acquired by Clearlake Capital, the investment fund will become the sole and rightful owner of the London club.