Chelsea have formally elected a new owner, the club have confirmed via a statement on their official website.
Even though the sale process at Chelsea has been streamlined and pushed through the pipeline, it still feels as though it has been drawn out. The fans, players and staff must be seriously jaded by it.
The good news is, Roman Abramovich’s days at Stamford Bridge are now numbered after the club released a statement confirming that a consortium led by LA Dodgers chief Todd Boehly had signed a purchase agreement.
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Within the statement, it is revealed that £2.5bn will be sat in a frozen bank account with the intention of donating it all to various charities. Abramovich, while sanctioned by the UK government, will not see a penny of it.
In addition, Boehly and co have been contractually obliged to commit to £1.75bn worth of investment into the football club over the next decade. That includes the senior, youth and women’s teams, as well as the redevelopment of Stamford Bridge.
Rival fans were praying to whichever god they believe in that this would be the downfall of Chelsea Football Club, but by the sound of things, this could be just the beginning of the Blues’ sustained success…
