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The Premier League board has approved the proposed takeover of Chelsea

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The Premier League board has approved the proposed takeover of Chelsea

Roman Abramovich’s ownership tenure poised to end after 19 years

The Premier League board has approved the proposed takeover of Chelsea by the Todd Boehly/Clearlake Consortium, the league has announced.

Los Angeles Dodgers co-owner Boehly had already agreed a £4.25bn purchase of the Blues, with Roman Abramovich’s ownership tenure poised to end after 19 years.

A statement from the Premier League on Tuesday evening read: “The Premier League Board has today approved the proposed takeover of Chelsea Football Club by the Todd Boehly/Clearlake Consortium.

“The purchase remains subject to the Government issuing the required sale licence and the satisfactory completion of the final stages of the transaction.”

Published: by Radio NewsHub

Written by: ES1

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