Sports
Boehly’s US-led group ‘buys’ Chelsea for £4.25bn
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
— Fabrizio Romano (@FabrizioRomano) May 7, 2022
It’s the end of Roman Abramovich era. pic.twitter.com/fTw5EMdd8p
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