The Chelsea has made it official in a statement through its channels that Roman Abramovich has reached an agreement for the sale of the club to a new ownership group headed by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss.
This is the full text distributed by the English club:
“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 Wyssacquire the Club.
Of the total investment being made, 2.5 billion pounds sterling will be applied to buy the shares of the Club and said income will be deposited in a frozen bank account in the UK with the intention of donating 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.
Besides, the proposed new owners will commit £1.75 billion in further investment for the benefit of the Club. This includes investments in Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and ongoing funding from the Chelsea Foundation.
It is expected that the sale is completed at the end of may subject to all necessary regulatory approvals. More details will be provided at that time.”