official
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 Wyss, to acquire the club.
Of the total investment made, £ 2.5 billion will be used to purchase the Club’s shares and such proceeds will be deposited into a frozen UK bank account with the intention of donating 100% to charitable causes, such as confirmed by Roman Abramovich. UK government approval will be required to transfer the proceeds from the UK frozen bank account.
In addition, the proposed new owners will pledge £ 1.75 billion in additional investments to benefit the Club. This includes investments in Stamford Bridge, Academy, Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.
The sale is expected to close in late May, subject to all necessary regulatory approvals. More details will be provided at that time.
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