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Premier League approves Chelsea sale to Todd Boehly-led consortium

Todd Boehly Chelsea EPL Roman Abramovich Los Angeles Dodgers

The Premier League has approved the proposed sale of Chelsea to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly, although the British government still needs to sign off on the deal before it can be completed.

Todd Boehly has already agreed to buy the club for 2.5 billion pounds ($3.1 billion)—the highest price ever for a sports team—with Roman Abramovich’s ownership tenure poised to end after 19 years.

The Premier League said in a statement Tuesday that its board “has today approved the proposed takeover of Chelsea Football Club by the Todd Boehly/Clearlake Consortium.”

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