Chelsea confirm Todd Boehly consortium has completed takeover of club from Roman Abramovich

Premier League side Chelsea have confirmed that the consortium led by LA Dodgers part-owner Todd Boehly has completed the takeover of the club. Chelsea had been up for sale for some months following the freezing of the assets of Roman Abramovich by the UK government after Russia’s invasion of Ukraine.

Ad/> After rounds of bidding and plenty of rumours and speculation, Boehly — who now becomes chairman of the holding company that owns the club — and his consortium won out. Premier LeagueRangnick will not take up his consultancy role at Man UtdYESTERDAY AT 14:21 “We are honoured to become the new custodians of Chelsea Football Club,” said Boehly.

“We’re all in – 100% — every minute of every match. Our vision as owners is clear: we want to make the fans proud.

«Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the club for the long-term and build on Chelsea’s remarkable history of success. I personally want to thank ministers and officials in the British government, and the Premier League, for all their work in making this happen.” Chelsea to spend £200m to compete with Man City and Liverpool – Paper Round Kerr nets twice as Chelsea beat City after extra-time to secure Double with FA Cup win Government approves Boehly’s Chelsea takeover A statement on the club’s website read: “The consortium led by Todd Boehly, chairman and CEO of Eldridge, and Clearlake Capital Group, L.P.