Chelsea Confirms Todd Boehly Takeover Bid

-

By Michael Danquah 

Todd Boehly

Chelsea Football Club have confirmed the final takeover of the club by Todd Boehly in a plush deal worth £4.5bn today.

Following recent sanctions placed on Roman Abramovich by the UK government surrounding his alleged ties with Vladimir Putin on the Russia-Ukraine war, and a surprise sale of the club by Mr. Abramovich, Chelsea has been under bidding by fleet of international investors. 

Reports from England reveals that the London Club has confirmed a purchase takeover of the club by American baseball club, LA Dodgers, co-owner and Clearlake Capital consortium representative Todd Boehly in a whooping £4.5bn ($5.2bn) deal. 

The American business tycoon and his partners saw off a stiff rivalry to broker a takeover bid for the highest price ever paid for a sports club.

The deal includes promises of major investment, the £2.5bn spent on the club will be deposited into a frozen UK bank account and then spent on charitable causes as Roman's wish. 

Chelsea Football Club

An additional £1.75bn has been committed to investment in the club stadium, academy, women's team and The Chelsea Foundation.

The deal is expected to be completed later this month subject to approval by the Premier League and UK government. 

Source: Chelsea News

We will keep you posted on all developing stories on this lead.

Comments

Post a Comment

Popular posts from this blog

Rodry-culous Real head to Paris

-
Image
By Michael Danquah   Rodrygo Goes celebrate winner Real Madrid completed one of the greatest comebacks in the history of the UEFA champions league with an amazing 3-1 victory over Manchester City in the second leg semi-final fixture at the Santiago Bernabeu. The 13 times winners who are hoping to clinch their 14th title qualified on a (6-5) aggregate following a dramatic 3-4 loss in the first leg in England to qualify for their 17th champions league final. Having gone up early in the 73rd minute courtesy of a brilliant Riyad Mahrez goal, Manchester City threw away a precious lead to concede two late goals via substitute Rodrygo Goes and a penalty scored by Karim Benzema to crash out of the competition for a second successive time. Watch highlights of Rodrygo Goes' leveller   Karim Benzema  is now tied on the same goals (10) scored in a single champions league knockout phase with Cristiano Ronaldo. Real Madrid will play Liverpool in the final which is staged at the Parc ...
Read more

2023 AFCON: Triumphant Elephants win third AFCON Title on home soil

-
Image
By Michael Osei  2023 AFCON WINNERS  The Elephants of Cote D'Ivoire have won the 2023 AFCON after beating Nigeria in regulation time. The West Africans picked up their third title since 2015 and became the first host nation to win the competition after Egypt in 2006. In a much anticipated final that saw the 60,000 capacity Alassane Ouattara stadium filled to the brim, both West African nations exhibited high-level football with the Ivoriens dominating the encounter on possession. The Super Eagles got into the lead through a Moses Truust-Ekong header in the 38th minute which sent thrills throughout the stadium. Nigeria looked hungry for glory but managed to end the first half on a lone goal after creating a few good chances. Moses Truust-Ekong celebrate opener  Ivory Coast continued to dominate possession as the second half resumed, with Franck Kessie and Right to Dream Academy graduate and Brighton star Simon Adingra tormenting the Nigerian half. The break came in the...
Read more

Comeback Kings: Ivory coast stun Senegal to book AFCON quarter -finals berth

-
Image
By Michael Osei  Jubilant Elephants  Senegal got eliminated from the ongoing 2023 AFCON on penalties by a resilient Ivory Coast side after playing out an exciting 1-1 draw in full-time. The beauty of the AFCON cannot be matched when a resurgent Ivorien side that lost 4-0 to Equatorial Guinea in the group phase of the competition stepped up to redeem their image in a thrilling 4-5 penalty win over defending champions Senegal. Hamad Diallo got on the score sheet blasting home a thunderous shot four minutes into the encounter to give the Teranga Lions the lead. The game progresssd into a high tempo duel with both teams creating and missing beautiful chances. Diallo celebrate opener  Ivory Coast dominated possession throughout the encounter untill substitute Nicholas Pepe was fouled by Edouard Mendy in the final moments of the game. Another substitute Franck Kessie stepped up to slot home a cool equaliser to restore parity. Franck Kessie  As if it wasn't done yet, the ...
Read more