Chelsea officially confirm new owner

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

 

The 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.

 

Screenshot 20220507 1037572 compress19.jpg Chelsea officially confirm Todd Boehly as new owner

 

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Noting that, the owners would commit £1.75 billion in further investment for the benefit of the club, Chelsea said: “Chelsea Club can confirm that terms have been agreed for a 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 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 account.”

 

 

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