Chelsea have announced in a club statement that they expect a takeover of the club to be completed by late May, with a consortium led by Todd Boehly set to acquire the Blues.
The club have been left in limbo since Roman Abramovich was sanctioned by the British government in March, but seem to have finally found a solution to suit all parties. Boehly, who also co-owns the L.A. Dodgers baseball team, had seemingly been the frontrunning bid for some time, and the club have now announced that it is this bid that is set to succeed.
Todd Boehly, Co-Founder, Chairman and CEO, Eldridge, speaking during the Milken Institute Global Conference on May 2, 2022 in Beverly Hills, California. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)
The takeover is thought to be worth £4.25bn, will make Chelsea the most expensive sports club in history, eclipsing the £2.5bn that was paid by Joseph Tsai to takeover the Brookyln Jets in the NBA in 2019.
What have Chelsea said?
‘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’, the Blues revealed.
‘Of the total investment being made, £2.5bn 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. 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 £1.75bn in further investment for the benefit of the Club. This includes investments in Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.’
‘The sale is expected to complete in late May subject to all necessary regulatory approvals. More details will be provided at that time.’
It is good news for Chelsea, not only because their ownership search is complete, but also due to the commitment to continue investing large sums of money into the club, though specifically it does not mention funding for playing staff.
Whether this is simply an oversight, or a sign that the club will have to operate in a different fashion, will be something made clear only in the coming years.
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Premier League table
| # | Team | MP | D | P |
| 1 | Manchester City | 34 | 63 | 83 |
| 2 | Liverpool FC | 34 | 64 | 82 |
| 3 | Chelsea FC | 34 | 39 | 66 |
| 4 | Arsenal FC | 34 | 13 | 63 |
| 5 | Tottenham Hotspur | 34 | 20 | 61 |
| 6 | Manchester United | 36 | 5 | 58 |
| 7 | West Ham United | 35 | 7 | 52 |
| 8 | Wolverhampton Wanderers | 34 | 1 | 49 |
| 9 | Brighton & Hove Albion | 35 | -8 | 44 |
| 10 | Newcastle United | 35 | -16 | 43 |
| 11 | Leicester City | 33 | -6 | 42 |
| 12 | Crystal Palace | 34 | 3 | 41 |
| 13 | Aston Villa | 33 | -2 | 40 |
| 14 | Brentford FC | 35 | -11 | 40 |
| 15th | Southampton FC | 35 | -17 | 40 |
| 16 | Burnley FC | 34 | -15th | 34 |
| 17 | Leeds United | 34 | -34 | 34 |
| 18 | Everton FC | 33 | -20 | 32 |
| 19 | Watford FC | 34 | -37 | 22 |
| 20 | Norwich City | 34 | -49 | 21 |
| Player | Team | Goals |
|---|---|---|
| Salah, Mohamed | Liverpool FC | 22 |
| Son, Heung Min | Tottenham Hotspur | 19 |
| Ronaldo, Cristiano | Manchester United | 18 |
| Jota, Diogo | Liverpool FC | 15th |
| Mane, Sadio | Liverpool FC | 14 |
| Kane, Harry | Tottenham Hotspur | 13 |
| Tony, Ivan | Brentford FC | 12 |
| Zaha, Wilfried | Crystal Palace | 12 |
| De Bruyne, Kevin | Manchester City | 11 |
| Saka, Bukayo | Arsenal FC | 11 |
| Mahrez, Riyad | Manchester City | 11 |
| Mount, Mason | Chelsea FC | 10 |
| Bowen, Jarrod | West Ham United | 10 |
| Fernandes, Bruno | Manchester United | 10 |
| Dennis, Emmanuel | Watford FC | 10 |
| Pukki, Teemu | Norwich City | 10 |
| Sterling, Raheem | Manchester City | 10 |
| Rafinha | Leeds United | 10 |
| Vardy, Jamie | Leicester City | 10 |
| Smith-Rowe, Emile | Arsenal FC | 10 |
| Player | Team | Red Cards | Yellow Cards |
|---|---|---|---|
| Bednarek, Jan | Southampton FC | 0 | 10 |
| Tarkowski, James | Burnley FC | 0 | 10 |
| Bissouma, Yves | Brighton & Hove Albion | 0 | 10 |
| Firpo, Junior | Leeds United | 0 | 10 |
| Fernandes, Bruno | Manchester United | 0 | 9 |
| Gallagher, Conor | Crystal Palace | 0 | 9 |
| Neves, Ruben | Wolverhampton Wanderers | 0 | 9 |
| Brownhill, Josh | Burnley FC | 0 | 9 |
| Mings, Tyrone | Aston Villa | 0 | 9 |
| Xhaka, Granit | Arsenal FC | 1 | 8 |
| Mctominay, Scott | Manchester United | 0 | 9 |
| Salisu, Mohammed | Southampton FC | 0 | 8 |
| Dennis, Emmanuel | Watford FC | 0 | 7 |
| Richarlison | Everton FC | 0 | 8 |
| Pogba, Paul | Manchester United | 1 | 7 |
| Alonso, Marcos | Chelsea FC | 0 | 8 |
| Moreno, Rodrigo | Leeds United | 0 | 8 |
| Cash, Matty | Aston Villa | 0 | 8 |
| McGinn, John | Aston Villa | 0 | 8 |
| Joelinton | Newcastle United | 0 | 8 |
| Player | Team | Assists |
|---|---|---|
| Salah, Mohamed | Liverpool FC | 13 |
| Alexander-Arnold, Trent | Liverpool FC | 12 |
| Robertson, Andy | Liverpool FC | 10 |
| Kane, Harry | Tottenham Hotspur | 9 |
| Mount, Mason | Chelsea FC | 9 |
| Pogba, Paul | Manchester United | 9 |
| Bowen, Jarrod | West Ham United | 8 |
| Jesus, Gabriel | Manchester City | 8 |
| Kulusevski, Dejan | Tottenham Hotspur | 8 |
| Son, Heung Min | Tottenham Hotspur | 7 |
| Lacazette, Alexandre | Arsenal FC | 7 |
| Barnes, Harvey | Leicester City | 7 |
| Mbeumo, Bryan | Brentford FC | 7 |
| Cancelo, Joao | Manchester City | 7 |
| De Bruyne, Kevin | Manchester City | 6 |
| Saka, Bukayo | Arsenal FC | 6 |
| Fernandes, Bruno | Manchester United | 6 |
| Dennis, Emmanuel | Watford FC | 6 |
| Antonio, Michael | West Ham United | 6 |
| Maddison, James | Leicester City | 6 |