Chelsea being sold to Dodgers owners for sports record $3BN

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"The forced sale of Chelsea is ending after attracting the highest price for a sports team of  $3.1 billion from a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly."

"There are still potential stumbling blocks to the sale of Roman Abramovich’s asset, frozen by sanctions against the Russian oligarch."

"The British government has to approve the terms and ensure Abramovich does not profit, even as he appears to want to divert the proceeds to charity."

"Chelsea fans have become accustomed to lavish funding in the 19 years under Abramovich’s ownership,"

"with more than $1 billion net spending on players who have helped the men’s team win 21 trophies."

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"But Abramovich was forced to offload the club after he was targeted in the British government’s crackdown on wealthy Russians with ties to President Vladimir Putin"

"Abramovich, who has not condemned the war, cannot benefit from the sale."

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"The billionaire — before being sanctioned at least — initially said the proceeds would go to a foundation for the victims of the war but he has become less specific."

"For more please visit our website. Click on the link given below."

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Arrow