Chelsea have confirmed the agreement to sell the club to Todd Boley. The deal is expected to close on Monday, with former owner Roman Abramovich depositing his deposit when he hands over the guardianship.
Speaking on the club’s website, Abramovich wrote: “It has been almost three months since I announced my intention to sell Chelsea FC. During that time, the team has worked hard to find the right Chelsea coach who will be in the best position to successfully lead the club into the next chapter.”
“Owning this club comes with a lot of responsibility. Since I joined Chelsea almost 20 years ago, I have seen for myself what this club can achieve. My goal was to make sure that the next owner has the mindset that will enable the success of both the men’s and women’s teams. , as well as the will and motivation to continue developing other key aspects of the club, such as the academy and vital work of the club, the Chelsea Foundation.
“I am delighted that this research has now come to a successful conclusion. As I hand Chelsea over to their new managers, I wish them every success both on and off the pitch.”
The billionaire says it’s an “honor of a lifetime” to work with Chelsea. “I would like to thank all the club’s players, past and present, the staff, and of course the fans for these wonderful years,” he said. “I am proud that our shared successes will now benefit millions of people from the newly created charity. This is the legacy we have made together.”
Boehly, leader of the Clearlake Capital alliance, is set to buy the Premier League club for a record-breaking £4.25 billion sports franchise deal, 88 days after Abramovich formally floated the Blues sale.
A brief statement on Chelsea’s website read: “Chelsea confirms agreement to sell the club to the Todd Boehle/Clearlake Capital consortium, with the deal expected to close on Monday.”