Todd Boehly wants to sort new contracts for Chelsea stars Reece James and Mason Mount
Chelsea’s new owners, the consortium led by Todd Boehly, are reportedly keen to address the contract situations of Reece James and Mason Mount.
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Chelsea’s new owners, the consortium led by Todd Boehly, are reportedly keen to address the contract situations of Reece James and Mason Mount.
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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.
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.
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.
Chelsea have agreed terms to sell the club to a consortium led by Todd Boehly, the co-owner of the LA Dodgers baseball team. The £4.25bn deal, which will require approval from the English football authorities and the UK government, is expected to be completed in late May. Ad/> The sale can only be signed off once the bidder has passed the Premier League's owners' and directors' test.