Chelsea Football Club Says Todd Boehly-Led Group To Buy Premier League Side
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Chelsea Football Club Says Todd Boehly-Led Group To Buy Premier League Side

newsdesk |
May 7, 2022

Chelsea FC said a group led by Los Angeles Dodgers co-owner Todd Boehly would acquire the London club after agreeing terms in a deal worth £4.25 billion ($5.2 billion).


New Delhi, 07 May 2022

"The sale is expected to complete in late May subject to all necessary regulatory approvals," the football club said in a statement late Friday. As per news report of NDTV, 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 Chelsea's sale. Boehly's group of investors includes fellow Dodgers co-owner Mark Walter, Swiss billionaire Hansjoerg Wyss and US investment firm Clearlake Capital.

Source - NDTV

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