Soccer-Chelsea fans wary of money men behind new prospective owners
By William Schomberg
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This weekend will see the return of Mexican Canelo Alvarez to the world of boxing, as he looks to win his 17th world title against the undefeated Dmitry Bivol at the T-Mobile Arena in Las Vegas.
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LONDON (AP) — 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.
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.
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.