Chelsea Football Club announced that a group led by Los Angeles Dodgers co-owner Todd Boehly would acquire the London club after agreeing on terms in a deal worth $5.2 billion. The sale is expected to complete later this month after all the paperwork has been done and dusted.🚨🔵 Official. Chelsea statement now confirms that “terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club”. #CFCIt’s the end of Roman Abramovich era. pic.twitter.com/fTw5EMdd8p— Fabrizio Romano (@FabrizioRomano) May 7, 2022 The club will get new owners, and those owners will have to pay an eye-watering sum – but the person selling the club won’t benefit from the sale.Chelsea’s Russian owner Roman Abramovich put the Premier League club on the market in March, just days before he was sanctioned by the British government following the invasion of Ukraine. After a lengthy bidding process involving several groups, Boehly and his fellow investors were picked by Raine Group, the New York bank overseeing the Blues’ sale.Roman Abramovich. One of us. 💙 pic.twitter.com/zJRuN3HuMI— LDN (@LDNFootbalI) May 5, 2022 Boehly’s group of investors includes fellow Dodgers co-owner Mark Walter, Swiss billionaire Hansjoerg Wyss and US investment firm Clearlake Capital.After reports that Abramovich was looking to recoup the money he loaned the club, the 55-year-old has reiterated his commitment to giving money from the sale to charitable organisations. In a statement released by the oligarch and Chelsea on Thursday evening, a spokesperson for the Russian said that Abramovich’s intentions in relation to gifting the proceeds from the Chelsea sale to charity have not changed.PREMIER LEAGUE – ROUND 36Saturday17:00: (2.20) Brentford (3.35) Southampton (3.35)17:00: (3.00) Burnley (3.20) Aston Villa (2.60)17:00: (1.35) Chelsea (4.90) Wolverhampton (9.50)17:00: (1.70) Crystal Palace (3.70) Watford (5.20)19:30: (2.85) Brighton (3.30) Man.Utd. (2.50)21:45: (1.45) Liverpool (4.40) Tottenham (7.25)Sunday16:00: (1.50) Arsenal (4.30) Leeds (6.50)16:00: (2.70) Leicester (3.25) Everton (2.85)16:00: (4.60) Norwich (3.60) West Ham (1.80)18:30: (1.17) Man.City (7.50) Newcastle (16.0)***odds are subject to change
