Chelsea Agree £4.25BN Sale Terms With American Todd Boehly

Jesse Williams

By Jesse Williams

Jesse Williams

7 May 2022

Chelsea have announced that terms have been agreed for Todd Boehly to complete his £4.25bn takeover of the club.

Boehly partnered with fellow Dodgers owner Mark Walter, Swiss billionaire Hansjorg Wyss as well as investment firm Clearlake Capital managed to see off Sir Martin Broughton and his bid with Boston Celtics co-owner, Stephen Pagliuca.

The consortium said it will provide £1. mai meccsek tippmix 75bn to invest in the Premier League club, including “investments in Stamford Bridge, the academy, the women’s team and Kingsmeadow and continued funding for the Chelsea Foundation”.

British billionaire Sir Jim Ratcliffe late offer matching the Boehly lead consortium came up short, arriving on April 29th weeks beyond the initial deadline for bids of March 18th.

The West London club confirmed the deal, subject to government approval, in a statement released on their website.

The statement read: “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 per cent to charitable causes as confirmed by Roman Abramovich. gaminátor hack 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. gaminator online 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.”