FC Chelsea Source: SITA / AP / Matt Dunham LONDON – A consortium of American businessman and investor Todd Boehly will be the new owner of the English football club FC Chelsea. The Premier League participant confirmed on its official website a transaction worth 4.25 billion pounds (approximately 4.97 billion euros), which should be completed by the end of May. The current owner, Roman Abramovich, put the London club up for sale on March 2 in response to incoming sanctions from the British government for Russia’s military invasion of Ukraine. Chelsea’s assets are currently frozen and the club operates in limited mode under a special license. After a lengthy competition, the American intermediary bank Raine Group selected the offer of the Boehly consortium as the winner. The group of investors also includes Mark Walter, as well as Boehly, co-owner of the Los Angeles Dodgers baseball club, Swiss billionaire Hansjörg Wyss and the American investment company Clearlake Capital. Photo gallery (3) Source: Profimedia One Hundred Percent to Charity The transfer of money from the frozen account will require the consent of the British government, “I write” The Blues “in the opinion. The new owners have pledged to invest £ 1.75 billion (approximately € 2.04 billion) in the development of the club. Fifty-five-year-old Abramovich cannot profit from the sale as a result of the sanctions he hit for his contacts with Russian President Vladimir Putin. However, he promised to write off Chelsea’s debt of 1.5 billion pounds (about 1.75 billion euros) and that all proceeds would go to help the victims of the war in Ukraine. Club Statement. – Chelsea FC (@ChelseaFC) May 7, 2022 The special license is only valid until May 31 and “Blue” does not allow, for example, to sign new contracts with current players. After its expiration, the future of the club would be questionable. The 19-year-old Abramovich era is coming to an end, during which Chelsea has triumphed in the Premier League five times and won the Champions League trophy twice. Author: © List Source: TASR
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