Todd Boehly '100 per cent in' after completing Chelsea takeover

Chelsea are officially under new ownership as Todd Boehly completed his £4.25billion ($5.3bn) purchase of the Stamford Bridge club on Monday.

Los Angeles Dodgers co-owner Boehly had earlier agreed to purchase the Premier League team, ending Roman Abramovich’s ownership tenure after 19 years.

The London club was put up for sale before Abramovich was sanctioned over his links to Russian president Vladimir Putin.

After a number of bids were rejected, Chelsea agreed to a deal with the consortium that included Boehly, Dodgers principal owner Mark Walter, Swiss billionaire Hansjorg Wyss, and funding from private equity firm Clearlake Capital.

The 48-year-old US tycoon's consortium finally took over at Stamford Bridge on Monday, having completed the record sports franchise purchase. Boehly's team fought off serious rivals to become the new Chelsea owners, in a sale process that started on March 2.

"We are honoured to become the new custodians of Chelsea Football Club," said Boehly.

"We're all in – 100 per cent – 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 END OF SEASON RATINGS: (Manager) Thomas Tuchel: 9. A Premier League title challenge may have faded amid the relentless pace of Manchester City and Liverpool but third place, the Fifa Club World Cup, and reaching both domestic finals represent a fine campaign. Even more so when