Chelsea have confirmed an agreement for the sale of the club to Todd Boehly and expect it to be completed on Monday. US magnate Boehly, leader of a Clearlake Capital consortium, will buy the Premier League club for what will be a sports franchise record deal of £4.25billion.
Eighty-eight days after Roman Abramovich officially put the Blues up for sale, billionaire Boehly is poised to take over at the west London club in 48 hours. A short statement on Chelsea’s website said: “Chelsea confirm the agreement to sell the club to the Todd Boehly/Clearlake Capital consortium with the transaction expected to be completed on Monday.”
Abramovich put the club up for sale on March 2, amid Russia’s continued invasion of Ukraine. The 55-year-old was then sanctioned by the UK Government on March 10, with Downing Street claiming to have proven his links to Vladimir Putin.
