MY ACCOUNT
The £4.25billion takeover of Chelsea by a consortium led by LA Dodgers co-owner Todd Boehly is expected to be completed on Monday.
And the deal will bring to an end the period of uncertainty that has haunted the Blues since Roman Abramovich put the club up for sale in March.
Abramovich’s assets were seized by the UK Government shortly afterwards due to his links to Russian president Vladimir Putin, who sanctioned the invasion of Ukraine.
But Chelsea will soon be in the hands of American Boehly and his business partners.
A club statement said: “Chelsea can confirm that a final and definitive agreement was entered into last night to sell the club to the Todd Boehly/Clearlake Capital consortium.
“It is expected that the transaction will be completed on Monday. The club will update further at that time.”
Abramovich purchased Chelsea in 2003 and oversaw a glittering period of success by investing heavily in the playing squad and bringing in a series of high-profile managers.
Under his ownership, the club’s trophy haul included five Premier League titles, two Champions League successes and five FA Cups.
The West London outfit have been operating under a restrictive special licence since the 55-year-old Russian was sanctioned.
Contract renewals and transfer plans had to be put on hold and Thomas Tuchel’s squad will be weakened this summer by the departure of Antonio Rudiger.
German international Rudiger, 29, is joining Real Madrid as a free agent and is expected to be followed out the door by Andreas Christensen, who is also out of contract.
But the Blues can now begin to focus on bringing in reinforcements after a season that saw them win the European Super Cup and Club World Cup.
