Friday, 11 Jul 2025
Subscribe
TrackNews Logo
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
  • 🔥
  • News
  • Politics
  • National
  • Sports
  • Crime
  • Entertainment
  • Business
  • Breaking News
  • Gist
  • Health
Font ResizerAa
Track NewsTrack News
Search
Follow US
©2025 Track News Media. All Rights Reserved. | Website Designed By AfeesHost
Home » Blog » BREAKING!! Chelsea Releases Statement Confirming Todd Boehly As New owner
Sports

BREAKING!! Chelsea Releases Statement Confirming Todd Boehly As New owner

Last updated: May 28, 2022 1:35 pm
Track News
Share
SHARE

Chelsea on Saturday morning confirmed that the takeover of the club has been agreed by a group led by US businessman Todd Boehly.

The formalities are expected to be completed on Monday.

The sale of the Premier League club comes after a 12-week saga and with four days left before the expiration of the government’s operating licence.

On Tuesday night, the Premier League and the UK government gave the go-ahead for the Boehly group, which will be predominantly financed by the Clearlake Capital investment firm, to replace sanctioned Russian oligarch Roman Abramovich.

Authorities in Portugal, where Abramovich holds citizenship, gave the green light early Thursday morning and now the club have finally confirmed that the ÂŁ4.25 billlion deal has been finalised.

A statement on the club’s official website reads: “Chelsea Football Club can confirm that a final and definitive agreement was entered into last night to sell the Club to the Todd Boehly/Clearlake Capital consortium. It is expected that the transaction will be completed on Monday. The Club will update further at that time.”

TAGGED:BREAKING!! Chelsea Releases Statement Confirming Todd Boehly As New owner
Share This Article
Email Copy Link Print
Previous Article Nigerian Man Arrested In India For Allegedly Duping 300 Women On Pretext Of Marriage
Next Article One die, four others injured as youths fight for supremacy in Bauchi community
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

EPL: I don’t agree with that – Louis says Man United target doesn’t worth £105m

By
afees4me

“I can’t find love”, Anthony Joshua cries out

By
Track News

CAF Confederation Cup: Kwara United floor Niger’s AS Douanes in Lagos

By
Track News

EPL: We’re happy with him – Ten Hag on choosing Ronaldo as Man United captain

By
Track News
Track News
Facebook Twitter Youtube Instagram

About US

Track News is a leading news site with a primary focus on Nigeria and world news in general. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
Usefull Links

© Track News Media. All Rights Reserved. | Website Designed By AfeesHost

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?