Chelsea co-owner Mark Walter has reportedly expressed an interest in selling his minority stake in the Premier League club as he faces an investigation into multi-billion dollar loans.<p>The US Attorney's Office is examining how billions in loans extended to companies associated with Walter or his conglomerate, TWG Global, ended up on the books of his insurance companies after passing through a third entity, according to The Wall Street Journal. The FBI has reportedly executed at least one search warrant to seize a mobile phone. TWG Global has stated that it is "aware of and cooperating with the investigation."

</p>## Sale of Los Angeles Lakers <p>The reports of Walter's potential sale of his Chelsea stake come shortly after he sold his majority ownership of the NBA franchise, the Los Angeles Lakers, for a reported £9 billion ($12.5 billion). The deal, which makes it the highest price ever paid for a sports team, was made to Josh Kushner, brother-in-law to former President Donald Trump, and former Disney CEO Bob Iger. </p>![Josh Kushner (left), the brother of US President Donald Trump's son-in-law Jared, has bought the Lakers from Walter for a record £9bn alongside former Disney CEO Bob Iger](https://i.dailymail.com/1s/2026/08/14/10/110636041-16052075-image-a-20_1786701231199.jpg "Josh Kushner and Bob Iger") <p>Walter, 66, made his fortune as a founder of Guggenheim Partners. He holds minority stakes in Chelsea and French Ligue 1 side Strasbourg through the BlueCo consortium. He also has ownership stakes in the Los Angeles Dodgers baseball team and the Los Angeles Sparks women's basketball team, and owns the top-tier professional women's ice hockey league in North America. </p>![US prosecutors are investigating companies run by Mark Walter, the billionaire owner of the Los Angeles Lakers and the co-owner of Chelsea](https://i.dailymail.com/1s/2026/08/14/10/110146537-16052075-US_prosecutors_are_investigation_companies_run_by_Mark_Walter_th-a-17_1786700711601.jpg "Mark Walter") <p>Walter acquired his stake in the Lakers in October 2025, which was then a record for the franchise. He described owning the Lakers as "one of the great honors of my life" and an "extraordinary investment." </p>