The English Premier League “Premier League” announces its approval of the transfer of ownership of Chelsea, and the new owners are awaiting the approval of the British government.
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The English Premier League agree to sell Chelsea
The English Premier League announced today, Wednesday, that it had agreed to sell Chelsea FC to a consortium led by American businessman Todd Boehle, for 4.25 billion pounds.
Chelsea’s ownership will be transferred from Russian Roman Abramovich to the new owners, who will… They announced the completion of all the terms of the transfer of ownership On May 7th.
“The Premier League’s board of directors today approved the proposed acquisition of Chelsea Football Club by the Todd Boehle/Clearlake Consortium,” a Premier League statement said on Tuesday. The deal will not be finalized until the approval of the British government.
Billionaire Boehly’s Group Gets Chelsea FC From Abramovich—With U.K. Approval https://t.co/WlDuLGTyRm pic.twitter.com/Vv6hDUyTtX
— Forbes (@Forbes) May 24, 2022
It was agreed to allocate 2.5 billion pounds to buy the club’s shares, with the return to be deposited in a frozen account in a British bank with the intention of donating 100% of the amount to charitable causes, according to the previous owner; Russian Roman Abramovich.
Furthermore, the new owners of the club are pledging £1.75 billion towards important future investments for the club including Stamford Bridge, the junior academy, the women’s team, Kingsmeadow Stadium and continuing funding for the Chelsea Foundation.
Who are the new owners of Chelsea?
Todd Buhli, an American businessman, is the co-founder, chairman and CEO of a holding company in the United States, with a fortune of $4.5 billion, according to Forbes.
Clearlake Capital is an American company located in Santa Monica County, California, and was incorporated in 2006.
And Mark Walter, an American businessman, has made many investments in Chicago and New York, and his fortune is $4 billion, according to Forbes.
And finally, the Swiss Hans-Georg Weiss, an 86-year-old businessman with a fortune of $5.1 billion.