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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.
Chelsea have confirmed an agreement for the sale of the club to Todd Boehly and expect it to be completed on Monday.
Chelsea have announced they have entered into a final agreement with Todd Boehly/Clearlake Capital consortium to sell the club. «Chelsea Football Club can confirm that a final and definitive agreement was entered into last night to sell the club to the Todd Boehly/Clearlake Capital consortium,» read a statement on the club's website. Ad/> «It is expected that the transaction will be completed on Monday.