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Deal reached for sale of Chelsea FC

Chelsea have agreed terms on the £4.25bn ($5.2bn) sale of the club to a consortium led by Todd Boehly, co-owner of the LA Dodgers baseball team. The club was put up for sale before owner Roman Abramovich was sanctioned for his alleged links to Russian president Vladimir Putin following the invasion of Ukraine. A Chelsea statement said the new owners will pay £2.5bn for the club’s shares. The proceeds will go into a frozen …

Chelsea FC sale: Tom Boehly consortium strikes £4 25bn deal to buy the Blues

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