'Honour of a lifetime' - Roman Abramovich prepares to hand over Chelsea
Outgoing owner Roman Abramovich says it has been an “honour of a lifetime” to be part of Chelsea as he prepares to hand over to Todd Boehly.
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Outgoing owner Roman Abramovich says it has been an “honour of a lifetime” to be part of Chelsea as he prepares to hand over to Todd Boehly.
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.
LONDON (AP) — The sale of Premier League club Chelsea is expected to be completed Monday after a “final and definitive" agreement was reached with the consortium fronted by Los Angeles Dodgers part-owner Todd Boehly.
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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.
The £4.25bn sale of Chelsea to the Todd Boehly-led consortium is expected to be completed on Monday after the club confirmed "a final and definitive agreement" was reached on Friday evening.
A consortium led by Los Angeles Dodgers part-owner Todd Boehly has completed its takeover of Premier League club Chelsea in a deal worth up to £4.25 billion.
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.