Chelsea takeover imminent after final agreement reached

  • May 28, 2022

Chelsea takeover imminent after final agreement reached

The sale of Premier League club Chelsea is expected to be completed on Monday after a "final and definitive" agreement was reached with the consortium fronted by Los Angeles Dodgers part-owner Todd Boehly.

The club said on Saturday that "a final and definitive agreement was entered into last night" to sell to the Boehly and Clearlake Capital consortium. The price is 2.5 billion pounds (USD 3.2 billion) - the highest ever for a sports team.

Chelsea has been operating under a government license since Abramovich's assets were frozen in March and it expires on Tuesday.

Gallinews.com
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