Todd Boehly’s consortium completes £4.25billion takeover of Chelsea
Todd Boehly has vowed to build on Chelsea’s “remarkable history of success” after completing his £4.25billion purchase of the Stamford Bridge club.
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Todd Boehly has vowed to build on Chelsea’s “remarkable history of success” after completing his £4.25billion purchase of the Stamford Bridge club.
Roman Abramovich’s ownership of Chelsea is at an end after the club announced the completion of a sale to Todd Boehly’s consortium.
LONDON: Roman Abramovich has completed the sale of Chelsea and related companies to an investment group led by Todd Boehly and Clearlake Capital, the Premier League club said on Monday. The consortium, which won the bid to acquire the London side earlier this month, received approval from the Premier League and the British government last week for the sale to go ahead. A final agreement was reached on Saturday.
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Chelsea have confirmed an agreement for the sale of the club to Todd Boehly and expect it to be completed on Monday.