Todd Boehly confirmed new owner of Chelsea Football Club

On Saturday morning, Chelsea FC officially confirmed Todd Boehly-led group as the club’s new owner.

The football club in a statement on Saturday also revealed that the sale of the club is expected to complete in late May subject to all necessary regulatory approvals.

Nothing that, the new owners would commit £1.75 billion in further investment for the benefit of the club, Chelsea said: “Chelsea Football Club can confirm 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.

“Of the total investment being made, £2.5bn will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen UK bank account with the intention to donate 100 percent to charitable causes as confirmed by Roman Abramovich.

“UK government approval will be required for the proceeds to be transferred from the frozen UK bank account.”

See also  Breaking: Turkey Star Yilmaz announces shock retirement from International football after missing vital penalty against Portugal

drop your comment below 👇

Your email address will not be published.

GIPHY App Key not set. Please check settings

I need a dark and single man to club, pray with – Sugar Mummy requests 

“See the crocodile I killed this early morning during the rainfall”-Man reveals as he shares photos of the ‘huge’ crocodile he killed