Chelsea Football club has reportedlybeen sold to a consortium fronted American sports investor Todd Boehly.....
The deal is reportedly worth 4.25 billion pounds ($5.24 billion).
“Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjorg Wyss, to acquire the club,” a Chelsea statement said early Saturday.
Boehly, Clearlake Capital, Mark Walter and Hansjorg Wyss must now wait for Premier League and UK. government approval before rubber-stamping the takeover
Boehly is part owner of the Los Angeles Dodgers MLB franchise and he also has minority stakes in the NBA’s Los Angeles Lakers and WNBA’s Los Angeles Sparks.
from msn.com
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