Chelsea says final deal struck for sale to Boehly-led consortium

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content LONDON — Chelsea said on Saturday a “final and definitive agreement” had been struck to sell the English Premier League club to a consortium led by Los Angeles Dodgers part-owner Todd Boehly and backed by Clearlake Capital. Previous…
Chelsea says final deal struck for sale to Boehly-led consortium

Author of the article:

Article content

LONDON — Chelsea said on Saturday a “final and definitive agreement” had been struck to sell the English Premier League club to a consortium led by Los Angeles Dodgers part-owner Todd Boehly and backed by Clearlake Capital.

Previous owner Roman Abramovich is subject to sanctions by the British government. He put the London club up for sale in early March following Russia’s invasion of Ukraine.

“It is expected that the transaction will be completed on Monday,” Chelsea said in a statement. “The Club will update further at that time.” (Reporting by Kate Holton; Editing by Kirsten Donovan)

Article content

Financial Post Top Stories

Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.

By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

Read More

Total
0
Shares
Leave a Reply

Your email address will not be published.

Related Posts
Wall Street opens higher on boost from easing China COVID curbs
Read More

Wall Street opens higher on boost from easing China COVID curbs

Author of the article: Wall Street’s main indexes opened higher on Tuesday after China relaxed some COVID-19 quarantine requirements for international travelers, raising hopes of a revival in global growth. The Dow Jones Industrial Average rose 110.79 points, or 0.35%, at the open to 31,549.05. The S&P 500 opened higher by 12.89 points, or 0.33%,…
Biden menu of options to lower gasoline prices is not appetizing
Read More

Biden menu of options to lower gasoline prices is not appetizing

Author of the article: WASHINGTON — U.S. President Joe Biden has few appealing policy options to get record high U.S. gasoline prices under control ahead of the critical summer driving season, when millions of Americans fill their tanks and hit the road for vacations. “The President and our national security team and our economic team…
Currencies slide as dollar rules after strong U.S. jobs data
Read More

Currencies slide as dollar rules after strong U.S. jobs data

Author of the article: Emerging market currencies turned to losses on Friday after strong payroll numbers from the United States raised bets of another large hike by the Federal Reserve, sending the dollar soaring. South Africa’s rand, Chile’s peso and the Colombian currency lost 1% each, while the Chinese yuan gave up session losses to…