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Chelsea’s £4.25bn sale to a consortium led by American investor Todd Boehly has been accomplished.
The membership was put up on the market in March earlier than earlier proprietor Roman Abramovich was sanctioned over his hyperlinks to Russian president Vladimir Putin.
Chelsea had been working beneath a particular authorities licence which might have expired on 31 Might.
Boehly stated in an announcement that he was “honoured” and “wished to make followers proud”.
His consortium fought off 11 severe rivals to grow to be the brand new house owners, in a sale course of that began on 2 March and comprised greater than 250 enquiries.
“We’re honoured to grow to be the brand new custodians of Chelsea Soccer Membership,” he stated.
“We’re all in – 100% – each minute of each match. Our imaginative and prescient as house owners is evident: we need to make the followers proud.
“Together with our dedication to growing the youth squad and buying the most effective expertise, our plan of motion is to spend money on the membership for the long run and construct on Chelsea’s exceptional historical past of success.
“I personally need to thank ministers and officers within the British authorities, and the Premier League, for all their work in making this occur.”
The UK authorities – which stated final Wednesday it may difficulty a licence for the sale of the membership – doesn’t need Abramovich to obtain any of the proceeds from the sale, which is able to as a substitute go right into a frozen checking account to be donated to charities supporting victims of the battle in Ukraine.
Extra to comply with.
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