Chelsea £4.25bn sale to Boehly consortium accomplished

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Chelsea’s £4.25bn sale to a consortium led by American investor Todd Boehly has been accomplished.

The membership was put up on the market in March earlier than earlier proprietor Roman Abramovich was sanctioned over his hyperlinks to Russian president Vladimir Putin.

Chelsea had been working beneath a particular authorities licence which might have expired on 31 Might.

Boehly mentioned in a press release that he was “honoured” and “needed to make followers proud”.

His consortium fought off 11 severe rivals to develop into the brand new homeowners, in a sale course of that began on 2 March and comprised greater than 250 enquiries.

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