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Canelo Alvarez is looking to put on a show when he challenges Dmitry Bivol for the WBA light-heavyweight title in Las Vegas on Cinco de Mayo weekend. The Mexican pound-for-pound king is making the step up to 175lbs for the second time in his career, after his 11th-round demolition of Sergey Kovalev in November 2019, when he successfully claimed the WBO world title.
Chelsea have some clarity after an uncertain few months with the consortium led by LA Dodgers co-owner Todd Boehly set to buy the Premier League giants. The Boehly group, which includes fellow Dodgers co-owner Mark Walter, Swiss billionaire Hansjoerg Wyss and US investment firm Clearlake Capital have committed to a deal worth £4.25 billion ($5.2 billion), a record for a sports club. A sum of £1.75 billion is earmarked for future investment in the club with the other £2.5 billion frozen due to the sanctions imposed on current owner Roman Abramovich.
Chelsea have released a statement saying that the sale of the club to a consortium led by American businessman Todd Boehly has been agreed.
LONDON: Chelsea will be sold to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly, ending 19 years of ownership and lavish investment by Roman Abramovich until the Russian oligarch was sanctioned and forced to offload the Premier League club over the war in Ukraine.The sale price of 2.5 billion pounds ($3.1 billion) for the reigning FIFA Club World Cup winners and 2021 European champions is the most lucrative-ever for a sports team worldwide but Abramovich cannot receive the proceeds, which he hopes will go to a foundation for the victims of the war. A further 1.75 billion pounds ($2.2 billion) has been committed to invest in Chelsea’s teams and stadiums after two months of rapid negotiations to sell the west London club since Russia invaded Ukraine.After several rival bids were rejected, Chelsea said Saturday that buyout terms had been agreed with a consortium that features Boehly along with Dodgers principal owner Mark Walter, Swiss billionaire Hansjorg Wyss and funding from private equity firm Clearlake Capital.The Premier League must approve them as the new ownership and the government has to sign off under the terms of the license that allows Chelsea to continue operating as a business through May 31 while being one of Abramovich’s frozen assets.Abramovich has said he would write off loans of more than 1.5 billion pounds ($1.9 billion) to Chelsea but that has been complicated by the sanctions put in place by the British government as part of a crackdown on wealthy Russians with ties to President Vladimir Putin.
Two belts will be on the line at UFC 273, which takes place tonight live from the VyStar Veterans Memorial Arena in Jacksonville, Florida. America's Aljamain Sterling puts his Bantamweight title on the line for the first time in a rematch against the Russian Petr Yan.
ABU DHABI: Emirati athletes dominated competition on the opening day of the season-ending Abu Dhabi Grand Slam World Tour finale held at Zayed Sports City’s Jiu-Jitsu Arena and featuring more than 1,000 male and female participants from 42 countries.
Norwich head coach Dean Smith is confident the squad does not need wholesale changes as he looks to plot a swift return to the Premier League next season.
Chelsea are expected to have new owners in place by the end of the month after the Premier League club said that terms have been agreed with the consortium led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss.