The sale of Premier League club Chelsea is expected to be completed Monday after a 'final and definitive' agreement was reached with the consortium fronted by Los Angeles Dodgers part-owner Todd Boehly.
The sale of Premier League club Chelsea is expected to be completed Monday after a"final and definitive" agreement was reached with the consortium fronted by Los Angeles Dodgers part-owner Todd Boehly.
The British government, which had sanctioned Abramovich, approved the sale this week after ensuring that the Russian oligarch could not profit from it. The Premier League had earlier given its approval. "It has been an honor of a lifetime to be a part of this club," Abramovich said in a statement posted on Chelsea's website.
The men's team has won 21 trophies during Abramovich's ownership. Chelsea fans have become accustomed to lavish spending under Abramovich, with more than $1 billion net spending on players.
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