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Chelsea FC confirmed that the Club has been sold to new owners .

OLADIMEJI ADEOYE by OLADIMEJI ADEOYE
May 7, 2022
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Chelsea FC confirmed that the Club has been sold to new owners .
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Chelsea FC released a statement on clubs sales and new owner confirmed.

Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club.
Of the total investment being made, £2.5bn will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen UK bank account with the intention to donate 100% to charitable causes as confirmed by Roman Abramovich. UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account.

In addition, the proposed new owners will commit £1.75bn in further investment for the benefit of the Club. This includes investments in Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.

The sale is expected to complete in late May subject to all necessary regulatory approvals. More details will be provided at that time.

OLADIMEJI ADEOYE

OLADIMEJI ADEOYE

Oladimeji Daniel also known as Osniff4Sport is a sports writer and analyst. He has been writing sports for number of year's now with vast experience most especially in Africa sports.

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