A US consortium has agreed to buy Chelsea, the English Premier League (EPL) club, for £4.25 billion following the forced exit of Roman Abramovich, its former owner.
The US consortium, earlier chosen as the preferred bidder, is led by Todd Boehly, co-owner of the Los Angeles Dodger baseball team. Others include Mark Walters, Hansjoerg Wyss, the Swiss billionaire; and Clearlake Capital.
The sale, still subject to final league regulations, marks the exit of Abramovich from the club after 19 years as its owner.
🚨🔵 Official. Chelsea statement now confirms 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”. #CFC
It’s the end of Roman Abramovich era. pic.twitter.com/fTw5EMdd8p
— Fabrizio Romano (@FabrizioRomano) May 7, 2022