Chelsea have finally announced the completion of their takeover with the investment group led by Todd Boehly and Clearlake Capital completing the purchase from Roman Abramovich. The former owner's tenure comes to an end after 19 years.
Chelsea's board have said the process was 'extremely thorough and completed on an accelerated timeline' and suggested the three-month process would usually take nine months to a year to complete. The Blues started with 250 enquiries while the club entered 32 confidentiality agreements and eventually received 12 credible bids.
Ultimately the group fronted by Todd Boehly was successful with the US businessman being the face of proceedings and present at Stamford Bridge on multiple occasions. However, investment group Clearlake Capital will be the largest shareholders with co-founders Behdad Eghbali and José E. Feliciano appearing in London on the final day of the season against Watford.
