Chelsea sale to Boehly consortium to be completed on Monday / Photo: Glyn KIRK - AFP
-
Search Underway for 'Dooars Rani' Tigress After Second Escape from Buxa Tiger Reserve
-
Teatro Mayor Unveils 152-Performance 2027 Season Highlighting Beethoven and García Márquez
-
The Dilemma of Recording Live Music: Preserving Memories vs. Being Present
-
Rutgers Defeats NJIT 101-64 Behind Francis and Mark Scores
-
AmeriLife Welcomes Finance Veteran Richard Dziadzio as Chief Financial Officer; Names Jim Quinn President & Chief Transformation Officer
-
6 Pieces of Furniture Worth Investing In
-
Fulcrum Metals PLC Announces New Critical Mineral Recoveries Expand Potential
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - November 11
-
Guardian Metal Resources PLC Announces Proposed Spin-Out of Non-Tungsten Projects
-
Fulcrum Metals PLC Announces Publication of Updated Investor Presentation
-
THIEAUDIO Introduces Clairvoyance MKII: The Evolution of a Signature Sound
-
Christmas Day Shifts More than Double as Americans Return to In-Person Holiday Celebrations
-
BlackBerry to Participate in Upcoming Investor Conferences
-
NiobiumX Mining Reports Results of Ground Radiometric Survey at Shipshaw, Maps Two Distinct Radiometric Signatures Across the Core Claims, and Moves to a High-Resolution Airborne Survey of the Full 2,686-Hectare Package
-
Irving Resources Reports on Drilling in Yamagano Mining Right at the Yamagano Joint Venture, Kyushu, Japan
-
Trifecta Gold Reports 2026 Exploration Results from the Liam and Lois Projects, Tombstone Gold Belt, Yukon
-
XCF Global Hosts USDA at New Rise Renewables Reno as Facility Surpasses 4.4 Million Gallons Since Restart
-
5E Advanced Materials to Host Fiscal First Quarter 2027 Earnings Conference Call on November 17, 2026
-
Patriot Software Adds Performance Reviews to Patriot HR
-
Protagenic Therapeutics Announces Private Placement of Up to $5 Million to Advance PT00114 into Its First U.S. Clinical Trial in Generalized Anxiety Disorder
-
Healixa's FrostPulse(TM) Technology Solves a Major Roadblock to Data Center Growth: Cooling Without the Water Burden
-
Route1 Announces 2026 Annual Meeting Results
-
NuRAN Wireless Board Approves Growth Strategy to Scale Recurring Revenue from 5,000+ Contracted Towers
-
Ethur Takes On Hiring Fraud With Facial Biometrics Identity Checks and Connected Payroll and Bank Data
-
PPX Mining Reports Callanquitas Operating Results for the First Nine Months of 2026
-
Green Leaf Innovations (OTC: GRLF) Meets OTCID Disclosure Requirements Following Profitable Q2 2026 Results
-
Valion Bio Reinforces Commitment to American Troops; Discusses Entolimod with Attendees at RW Baird's National Security Conference
-
Amarc Extends 2026 Exploration Program at the Duke District: Initiates Drilling Program at Established Porphyry Copper-Gold Targets
-
Thukukile Zuma Resigns from ANC Johannesburg Leadership Amid Disciplinary Dispute
-
Russia Orders 100,000 Kometa Modules to Counter Ukrainian Electronic Warfare
-
CM Mohan Yadav Meets Bohra Spiritual Leader to Discuss Simhastha 2028 and Development
-
Mahayuti-backed Rajesh Patil Elected Chairman of Gokul Dairy Amidst Political Deadlock
-
Eli Crane Defeats Jonathan Nez in Tight Arizona Congressional Race
Chelsea sale to Boehly consortium to be completed on Monday
Chelsea said on Saturday that the sale of the Premier League club to a consortium led by Todd Boehly, the co-owner of baseball's Los Angeles Dodgers, is expected to be completed by Monday.
The British government and the Premier League have approved the £4.25 billion ($5.3 billion) takeover.
Chelsea were put on the market in early March, days before owner Roman Abramovich was sanctioned by the British government following Russia's invasion of Ukraine.
The British government describes Abramovich as part of Russian President Vladimir Putin's inner circle. Abramovich is also the target of European Union sanctions.
"Chelsea Football Club can confirm that a final and definitive agreement was entered into last night to sell the club to the Todd Boehly/Clearlake Capital consortium," the club said in a statement.
"It is expected that the transaction will be completed on Monday."
The consortium is led by Boehly, but California-based private equity firm Clearlake Capital would own a majority of the shares in the club.
Other investors include US billionaire Mark Walter, who is Boehly's co-owner at the Dodgers, and Swiss billionaire Hansjorg Wyss.
The Portuguese government has also ratified the sale. Portugal's approval was required because Abramovich holds a passport for the European nation.
L.Miller--AMWN
