The fast-tracked purchase of English soccer club Chelsea for 2.5 billion pounds ($3.2 billion)—the highest price ever paid for a sports team—was completed Monday by a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly.
It marked the end of the trophy-filled, 19-year tenure of Roman Abramovich, the Russian oligarch who was forced to sell the club in March after being sanctioned by the British government for what it called his enabling of Russian President Vladimir Putin’s “brutal and barbaric invasion” of Ukraine.
