Todd Boehly to be replaced as Chelsea chairman in 2027 but could then return in bizarre deal

Chelsea will replace Todd Boehly as president in 2027 under a deal with Clearlake Capital.

Following the purchase of the club in 2022, an agreement between Clearlake Capital and the American co-owners will allow the presidency to repeat between them every five years.

The Blues have now decided to activate that clause as soon as possible at the end of the 2026/27 season.

As part of the group's acquisition in 2022, Boehly was named its first chairman despite having only a minority stake.

Clearlake Capital, managed by Behdad Eghbali and José Feliciano, has a 61.5 percent stake, while Boehly has an equal split with Hansjorg Wyss and Mark Walter of the remaining 38.5 percent.

While Boehly is scheduled to be removed from office in 2027, there is also a clause that could see the American billionaire return as president in 2032, at the end of the next five-year cycle.

However, the American is said to be increasingly estranged from Clearlake Capital, which appears to be calling the shots at Stamford Bridge.

Eghbali or Feliciano could assume the presidency in 2027 or look for a third.

More to follow.