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Chelsea Reach Agreement To Sell Club To New Owners

Chelsea Reach Agreement To Sell Club To New Owners

Chelsea Football Club have confirmed the agreement to sell the club to the Todd Boehly/Clearlake Capital consortium.

The English Premier League and the British government gave the green light for the Boehly group on Tuesday to acquire the club from Russian billionaire Roman Abramovich who was sanctioned by the UK over Russia’s invasion of Ukraine.

In a statement, the club said the sale is expected to be complete in late May subject to all necessary regulatory approvals. Read the statement:

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% 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.

In addition, the proposed new owners will commit £1.75bn in further investment for the benefit of the Club. This includes investments in Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.

The sale is expected to complete in late May subject to all necessary regulatory approvals. More details will be provided at that time.

More: Chelsea FC


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14 Comments

ttt 5 days ago

chelsea fun forever


Roman 1 month ago

This is daylight robbery & an example of greed & jealousy exhibited by these anti-Russians.


Tkt 1 month ago

And i quote "... such proceeds will be deposited into a frozen UK bank account with the intention to donate 100% to charitable causes as confirmed by Roman Abramovich."

Guys maSports ato pedzwa kare apo. That guy Roman has got a lot of charities for your own info

No business man is poorly linked as all of you think

Roman is simply gonna go with his £2.5bn muchi vande.
Watch the space muchazvi onawo pamberi apo


Zimyouth 1 month ago

What time is the Liverpool Real Madrid match?


Reta de France 1 month ago

21hrs GMT

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Baba mnangagwa 1 month ago

Ko havasi kuda ere swap n top ndichivapa Zimbabwe


Ini zvangu 1 month ago

GDP ye Zimbabwe is far less than ye Chelsea, saka no deal.

Chawabvunza 1 month ago

Those in the know-how, please enlighten me. Are the new owners American or other nationalities ?

NYIKA YEDU INOURAIWA NE MBAVHA DZAYO.

NGAAPINDE HAKE CHAMISA.

[ VOTE CCC FOR REAL CHANGE ].


Dude 1 month ago

The new owner are Americans ,, Abramovich didn't kill those Ukrainians the UK government are big thieves ,, stealing from these innocent Russian billionaires who invested heavily in the Uk economy

ronburg 1 month ago

ma Americans

Tateguru 1 month ago

Dai vakatanga vataurawo neni, ndaidai kuitenga Chele-chele iyi.
I have got a lot of 100 bond notes with me


Zuze 1 month ago

I have a franchise in the ZIFA Division 6. Ndiko kunokwana mari yako.
Uko kwauri kutarisa kumakata sahwira

Asalif 1 month ago

One Russian separate with his richies because of one insane communist called Putin , his business empire will soon crush because his deals will now be paid in their valueless rubles


Chelsea for life 1 month ago

.



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