Todd Boehly '100 per cent in' after completing Chelsea takeover
Chelsea are officially under new ownership as Todd Boehly completed his £4.25billion ($5.3bn) purchase of the Stamford Bridge club on Monday.
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Chelsea are officially under new ownership as Todd Boehly completed his £4.25billion ($5.3bn) purchase of the Stamford Bridge club on Monday.
A consortium fronted by Los Angeles Dodgers part-owner Todd Boehly completed the purchase of Chelsea on Monday for 2.5 billion pounds ($3.2 billion US) — the highest ever for a sports team.
Chelsea said on Saturday that the sale of the Premier League club to a consortium led by Todd Boehly, the co-owner of baseball's Los Angeles Dodgers, is expected to be completed by Monday.
Roman Abramovich said Saturday owning Chelsea had been the "honour of a lifetime" after the Premier League club said the sale to a consortium led by Todd Boehly, the co-owner of baseball's Los Angeles Dodgers, was expected to be completed by Monday. Chelsea were put on the market in early March, days before Abramovich was sanctioned by the British government following Russia's invasion of Ukraine. "I am pleased this search has now come to a successful conclusion," Abramovich said in a statement after the British government and the Premier League approved the 4.25 billion pound ($5.3 billion) takeover.
Chelsea said on Saturday that the sale of the Premier League club to a consortium led by Todd Boehly, the co-owner of baseball's Los Angeles Dodgers, is expected to be completed by Monday. The British government and the Premier League have approved the 4.25 billion ($5.3 billion) euros takeover. Chelsea were put on the market in early March, days before owner Roman Abramovich was sanctioned by the British government following Russia's invasion of Ukraine. The British government describes Abramovich as part of Russian President Vladimir Putin's inner circle.
LONDON: Chelsea said on Saturday (May 28) that the sale of the Premier League club to a consortium led by Todd Boehly, the co-owner of baseball's Los Angeles Dodgers, is expected to be completed by Monday.
Chelsea Football Club will be under new ownership from Monday after the consortium led by the U.S. billionaire Todd Boehly reached a definitive agreement to complete its £4.25billion takeover from Roman Abramovich.
LONDON: Roman Abramovich’s 19 years as Chelsea owner is closer to ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The government had to be sure that Abramovich, who was sanctioned over his links to Russian President Vladimir Putin, did not profit from the enforced sale of the club that his investment turned into one of the most successful in European football.