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Daily Mirror
Daily Mirror
Sport
Tom Blow & Alan Smith

Chelsea set to lose most expensive sports team tag - just a week after £4.25bn takeover

Chelsea are set to lose their tag as the most expensive sports team in history with NFL side Denver Broncos close to being sold.

A consortium led by US businessman Todd Boehly completed a takeover of the Blues in May, worth a whopping £4.25billion. The new owners paid £2.5bn to take over the Premier League club and have committing to investing a further £1.75bn into its infrastructure.

That deal makes Chelsea the most expensive sports team in history, although they are set to lose that impressive tag imminently. The Broncos are expected to be purchased by Rob Walton - a heir to the Walmart fortune - for an eyewatering $4.5bn (around £3.6bn).

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