Chelsea Takeover Imminent After Final Agreement Reached

Chelsea Takeover Imminent After Final Agreement Reached
American businessman Todd Boehly (C) applauds as he attends the English Premier League soccer match between Chelsea and Watford at Stamford Bridge stadium in London on May 22, 2022. Alastair Grant/AP Photo
The Associated Press
Updated:

LONDON—The sale of Premier League club Chelsea is expected to be completed Monday after a “final and definitive” agreement was reached with the consortium fronted by Los Angeles Dodgers part-owner Todd Boehly.

The club said Saturday that “a final and definitive agreement was entered into last night” to sell to the Boehly and Clearlake Capital consortium. The price is 2.5 billion pounds ($3.2 billion)—the highest ever for a sports team.