Chelsea have confirmed they have finally found a new owner, following Roman Abramovich's 20-year reign. The Russian tycoon was sanctioned with the start of Russia's aggression on Ukraine, as the United Kingdom views him as a person close to Vladimir Putin.
Thus, after more than two months, Chelsea has a new owner and at the head of them will be the American billionaire, Todd Boehly, along with Clearlake Capital, Mark Walter and Hansjoerg Wyys.
“"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 buy the club." Of the total investment to be made, 2.5 2.5 billion will be applied to buy shares in the Club and such proceeds will be deposited in a frozen UK bank account with the aim of donating 100 per cent to charity, as confirmed by Roman Abramovich. The approval of the UK Government will be required to transfer the proceeds from the UK frozen bank account. In addition, the proposed new owners will deposit 75 1.75 billion in further investments for the benefit of the Club. This includes investing in Stamford Bridge, Academy, The Women and Kingsmeadow team and ongoing funding for the Chelsea Foundation. The sale is expected to be completed by the end of May, subject to all necessary regulatory approvals. More details will be provided at that time", It is said in the communiqué.