Chelsea are edging closer to finding out who their new owners will be.
With Roman Abramovich having put the Premier League giants up for sale amid UK sanctions relating to the conflict in Ukraine, the future of the club has hung in the balance for the last few months.
Blues fans have been left wondering what their team, structure and accounts will look like in a post-Abramovich era with a whole number of suitors touted for a takeover at Stamford Bridge.
However, it finally looks as though Chelsea have been given a level of clarity in their hunt for a new owner thanks to confirmation on Saturday that terms had been agreed for a new ownership group to take over the club.
Led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, the west London club explained that the deal was expected to be completed in late May.
An official statement on the club’s website read: “Of the total investment being made, £2.5bn will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen UK bank account with the intention to donate 100% to charitable causes as confirmed by Roman Abramovich.
“UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account.
“In addition, the proposed new owners will commit £1.75bn in further investment for the benefit of the Club. This includes investments in Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.”
Now, that’s all well and good, but what are Chelsea actually getting themselves in for?
Well, if nothing else, the answer to that is ‘plenty of money’ because Boehly – who was in attendance for the 2-2 draw with Wolverhampton Wanderers – isn’t exactly
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