
Todd Boehly Consortium completes Chelsea takeover
Chelsea’s £4.25bn sale to a consortium led by American investor Todd Boehly has been completed.
CHELSEA CONFIRMED ON Monday that Todd Boehly’s consortium have completed their takeover of the Premier League club.
Boehly’s group agreed a deal to buy Chelsea from Roman Abramovich for £4.25 billion ($5.3 billion) on May 7 and the sale has now been officially rubber-stamped.
“We are honoured to become the new custodians of Chelsea Football Club. We’re all in, 100 percent, every minute of every match,” Boehly told Chelsea’s website.
Boehly’s takeover ends Abramovich’s 19-year reign as Chelsea owner.
Consortium led by Todd Boehly and Clearlake Capital completes acquisition of Chelsea Football Club.
— Chelsea FC (@ChelseaFC) May 30, 2022
More to follow.