A group led by Todd Boehly, co-owner of the Los Angeles Dodgers, will take on the Chelsea soccer team in a 4.25 billion pound ($ 5.2 billion) bid, the report announced. London club.
The sale must end by the end of May subject to obtaining all necessary regulatory authorizationsthe organization said in a statement released late Friday.
Chelsea boss, Russian Roman Abramovich, put the club up for sale in March days before it faced British sanctions in the wake of Russia’s invasion of Ukraine launched on February 24.
After a lengthy bidding process involving several groups, it was up to Mr. Boehly and his investor partners selected by the Raine Group bank, which oversaw the sale.
This group is composed, in addition to Mr. Boehly, by Mark Walter, his co-owner of the Dodgers, Swiss billionaire Hansjoerg Wyss and the American investment company Clearlake Capital.
The Chelsea club could confirm the terms agreed for a new group of owners, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the clubsaid the statement.
Of the total investment to be made, £ 2.5 billion will be used to repurchase the club’s shares and this amount will be deposited into a fixed bank account in the UK with the aim of donating 100% to charitable actions as confirmed by Roman Abramovitch.
In addition, the new owners have pledged to invest an additional £ 1.75 billion on behalf of the club, the statement said.
Source: Radio-Canada
