Chelsea

Todd Boehly pictured after the Premier League match between Chelsea and Watford at Stamford Bridge, London on Sunday 22nd May 2022. The U.K. government has now approved the £4.25bn Boehly-led consortium's takeover of Chelsea.Ivan Yordanov/MI News | Nurphoto | Getty ImagesThe government has approved the £4.25bn Todd Boehly-led consortium takeover of Chelsea.After months of negotiations, the deal has finally been approved after the government received legal guarantees that Roman Abramovich — who has had his UK assets frozen…

A group led by Los Angeles Dodgers part-owner Todd Boehly reached a deal to acquire Chelsea Football Club from Russian billionaire Roman Abramovich for almost £4.3 billion, equivalent to $5.2 billion, the team said late Friday, marking a record sale price for a professional sports team. The deal’s completion is expected later this month, assuming the deal wins regulator approvals, Chelsea said in a statement. It follows a…