Chelsea Football Club are finally under new ownership as of Monday, May 30th, beginning a new era at the club.
A statement released by the club reads: "Roman Abramovich has completed the sale of Chelsea Football Club and related companies to an investment group led by Todd Boehly and Clearlake Capital."
Abramovich had owned Chelsea since 2003 but his reign ended after 19-years in charge. The 55-year-old announced his intention to sell the club back in March, just before he was sanctioned by the UK Government following Russia's invasion of Ukraine.