Chelsea Football Club agree sale to Todd Boehly consortium for record $5.2 billion
2 years, 7 months ago

Chelsea Football Club agree sale to Todd Boehly consortium for record $5.2 billion

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London: Chelsea confirmed on Saturday that a consortium led by LA Dodgers co-owner Todd Boehly has won the battle to buy the Premier League club in a £4.25 billion deal. “Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the club,” they said in a statement. Boehly’s consortium still needs to satisfy the Premier League’s owners’ and directors’ test, but Chelsea said they expect the sale to be completed by the end of the month. We hope that the sale is completed swiftly.” Ukraine war Chelsea have been forced to operate under a special licence from the UK government since Abramovich, who bought the club in 2003, was sanctioned.

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