The Premier League board has approved the proposed takeover of Chelsea by the Todd Boehly/Clearlake Consortium, the league has announced.
Los Angeles Dodgers co-owner Boehly had already agreed a £4.25bn purchase of the Blues, with Roman Abramovich’s ownership tenure poised to end after 19 years.
A statement from the Premier League on Tuesday evening read: “The Premier League Board has today approved the proposed takeover of Chelsea Football Club by the Todd Boehly/Clearlake Consortium.
“The purchase remains subject to the Government issuing the required sale licence and the satisfactory completion of the final stages of the transaction.”
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