Chelsea Football Club have officially announced the completed takeover of the club by the consortium led by Todd Boehly and Clearlake Capital. It comes after three months of ownership concerns surrounding the future of the Blues.
The debacle started in March, when previous owner Roman Abramovich announced his intentions to move on after 19-years at the helm. He was then sanctioned by the UK Government shortly after Russia's invasion of Ukraine, freezing his assets and placing Chelsea under a special sporting licence.
This restricted a number of things the club as a whole could do, such as signing players or contracts. US Banking firm Raine were left in charge of the process, eventually landing on Boehly's bid as the preferred option, with work put in place since to try and get the deal over the line.
