The Russian millionaire Roman Abramovich and the United Kingdom government have reached an agreement on the sale of the club, according to the PA News agency. The former Chelsea owner’s attorneys and the UK government, according to sources, have reached an agreement over the £1.5 billion.
On March 2nd, 2022, Abramovich issued a statement indicating that he will repay the Stamford Bridge club the money he borrowed. Some government officials were concerned that Abramovich would profit from the club’s sale.
Todd Boehly, co-owner of the Los Angeles Dodgers agreed to buy Chelsea for £4.25 billion on May 7th, 2022. The new Chelsea structure would be majority-owned by Clearlake Capital, with the California investment firm’s co-founder Behdad Eghbali expected to engage closely with Boehly on crucial financial choices.