An important first step for the sale of Chelsea. This Tuesday, the Premier League approved the agreement reached between the owner of the Blues Roman Abramovich and the American businessman Todd Boehly concerning the sale of the London club for a total of 5 billion euros.
“The Premier League Board today approved the proposed takeover of Chelsea Football Club by the Todd Boehly/Clearlake Consortium. The purchase remains subject to the government issuing the required license to sell and to the satisfactory completion of the final stages of the transaction.The Board of Directors has applied the Premier League Owners and Directors Test (OADT) to all potential directors and has undertaken the necessary checks.Members of the Consortium buying the club are affiliates of Clearlake Capital Group, LP, Todd Boehly, Hansjorg Wyss and Mark Walter. Chelsea FC will now work with the relevant governments to secure the necessary licenses to complete the takeover,” reads an official statement. .