Football: final agreement reached for the sale of Chelsea to the consortium formed by Todd Boehly

Los Angeles Dodgers co-owner Todd Boehly and his partners are offering 4.96 billion euros to buy London club Chelsea.

© AP - Mark J. Terrill

Text by: RFI Follow

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The definitive agreement for the sale of Chelsea, the London club which was worth 5 billion euros, has been reached and the transaction is expected to be finalized on Monday.

This is confirmed by the Premier League team in a press release.

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The consortium formed in particular by Todd Boehly, co-owner of the Los Angeles Dodgers, and Clearlake Capital offers 4 billion 960 million euros for the London club.

An approval of the operation by the Portuguese government is still necessary, because the current owner of the club, Roman Abramovich, became a Portuguese citizen last year.

It is also subject to international sanctions.

Abramovich forced to sell for his closeness to Vladimir Putin

Forced to sell his toy following the war led by Russia in Ukraine, the Russian oligarch says he is proud that millions of people can benefit from the new charitable foundation he will be able to create with all this money.

Roman Abramovich

had no choice but to sell his club, his proximity to Vladimir Putin having pushed the English power to freeze all of his assets.

The Russian then promised that the money from the sale would be donated to a charitable foundation for the benefit of all victims of the war in Ukraine.

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