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Daily Mirror

Sport

Tom Blow

Premier League statement in full as Todd Boehly's Chelsea takeover approved

EPL Todd Boehly Chelsea Consortium Hansjorg Wyss Mark Walter Football

The Premier League has approved the proposed takeover of Chelsea by Todd Boehly's consortium.

The consortium - led by US businessman Boehly and supported by the Clearlake Capital Group, Hansjorg Wyss, Mark Walter and others - is expected to complete the takeover later this month. They are now awaiting approval from the UK government.

"The Premier League Board has today approved the proposed takeover of Chelsea Football Club by the Todd Boehly/Clearlake Consortium," confirmed a statement on Tuesday evening. "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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