Sports

Premier League approve Boehly’s takeover of Chelsea

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AFP
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ID: 
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Tue, 2022-05-24 19:30

LONDON: Todd Boehly’s proposed takeover of Chelsea moved a step closer to completion on Tuesday when the Premier League board announced it had approved his purchase of the London club in a deal that could yet be finalized later in the day.
A consortium led by Boehly, a co-owner of baseball’s Los Angeles Dodgers, had already agreed a record £4.25 billion ($5.3 billion) deal to buy the Premier League club from owner Roman Abramovich on May 7.

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