{"id":7750,"date":"2022-05-19T23:36:14","date_gmt":"2022-05-19T23:36:14","guid":{"rendered":"https:\/\/praizsports.com\/?p=7750"},"modified":"2022-05-19T23:36:14","modified_gmt":"2022-05-19T23:36:14","slug":"todd-boehly-in-attendance-at-chelsea-game","status":"publish","type":"post","link":"https:\/\/praizsports.com\/todd-boehly-in-attendance-at-chelsea-game\/","title":{"rendered":"Todd Boehly in attendance at Chelsea vs Leicester City, hints at takeover completion"},"content":{"rendered":"
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The Chelsea Football Club takeover appears to be nearing completion, as Todd Boehly was again seen at Stamford Bridge on Thursday.<\/h4>\n

The American businessman attended Chelsea’s 1-1 draw with Leicester City on Thursday. He is leading a consortium that has agreed to take over Chelsea, and his presence at the game confirmed that the takeover is almost done.<\/p>\n

Todd Boehly also attended the Chelsea vs Wolves game, he witnessed the team squandered a two-goal lead late on.<\/p>

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\"Todd<\/p>

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Boehly’s takeover of the club is closer than ever to completion, according to sources. The Government and Premier League are close to an agreement that would allow the deal to go through.<\/p>\n

On May 7, Chelsea confirmed that a deal with the Boehly-led group had been completed, and he was seen at Stamford Bridge less than 24 hours later.<\/p>\n

“Chelsea Football Club can confirm that arrangements have been negotiated for a new ownership group led by Todd Boehly, Clearlake Capital, Mark Walter, and Hansjoerg Wyss to acquire the Club,” said the statement.<\/em><\/p>\n

\"Todd\r\n\r\n<\/p>

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“Of the total investment being made, \u00a32.5bn will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen UK bank account with the intention to donate 100% to charitable causes, as confirmed by Roman Abramovich. <\/em><\/p>\n

UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account. In addition, the proposed new owners will commit \u00a31.75bn in further investment for the benefit of the Club.<\/em><\/p>\n

\"Todd<\/p>\n

“This includes investments in Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.<\/em><\/p>\n

The sale is expected to complete in late May, subject to all necessary regulatory approvals. More details will be provided at that time.”<\/em><\/p>\n

Chelsea fans are hoping that the sale of the Club is completed soon, so that an era of exciting changes can begin. The transfer of ownership, however, must be completed before any new players are added to the squad.<\/p>\n

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