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Home EPL At Last Premier League Approves Chelsea Takeover

At Last Premier League Approves Chelsea Takeover

The Premier League board has approved the proposed takeover of Chelsea by the Todd Boehly/Clearlake Consortium

In a statement on Tuesday, the league body statd that the club will now work with the relevant Governments authorities to secure the necessary licences to complete the deal.

They also confirmed members of the Consortium as Todd Boehly, Hansjorg Wyss and Mark Walter.

Roman Abramovich’s reign as Chelsea owner has now come to an end with Los Angeles Dodgers co-owner Boehly already agreeing a £4.25bn purchase of the Premier League giants.

The Premier League Board has today approved the proposed takeover of Chelsea Football Club by the Todd Boehly/Clearlake Consortium,” A statement from the Premier League said.

The takeover remains subject to the United Kingdom Government issuing the required sale licence and the satisfactory completion of the final stages of the transaction.

Prime Minister Boris Johnson’s spokesperson earlier confirmed the Government had launched talks with “international partners” to help push the Chelsea sale across the line.

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