The Blues have changed hands after a glorious 19 years with a predominantly US-based consortium now at the helm.
The Todd Boehly-Clearlake Capital consortium has officially completed the purchase of Chelsea, ending Roman Abramovich’s 19-year spell running the club.
The total investment will cost £4.25 billion ($5.2bn), with £2.5bn ($3.2bn) ending up being the sale price of the club, while there is an agreement in place that £1.75bn (2.1$bn) will be invested over 10 years.
The purchase agreement was signed a fortnight ago and has been waived through by the Premier League Owners’ and Directors’ test, while the UK government, Portuguese authorities and European Union (EU) have all approved the financial transaction.
DNT News
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