Chelsea sale: Todd Boehly consortium set to finish deal on Monday

Banner at Stamford Bridge

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Chelsea won the Premier League five times and the Champions League twice during Abramovich’s ownership

The Chelsea sale is expected to be completed on Monday after a “final and definitive agreement” was reached with the consortium led by Todd Boehly.

Chelsea were put up for sale in March before owner Roman Abramovich was sanctioned over his links to Russian president Vladimir Putin.

The club have been operating under a special government licence which expires on 31 May.

“Chelsea Football Club can confirm that a final and definitive agreement was entered into last night to sell the club to the Todd Boehly/Clearlake Capital consortium,” Chelsea said in a statement on Saturday morning.

“It is expected that the transaction will be completed on Monday.”

‘Time to deliver’

Although the consortium is led by Boehly, Californian private equity firm Clearlake Capital would own a majority of the shares.

Other investors include US billionaire Mark Walter, a co-owner of the LA Dodgers with Boehly, and…

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