Todd Boehly new owner of Chelsea £4.25bn bid

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Bargain is set to stop Roman Abramovich's 19-year responsibility for, in which the club has won 21 prizes including five Premier League titles and two Champions Leagues

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The public authority has supported the £4.25bn Todd Boehly-drove consortium takeover of Chelsea.

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Following quite a while of talks, the arrangement has at long last been supported after the public authority got lawful

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ensures that Roman Abramovich - who has had his UK resources frozen - won't profit from the deal.

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The returns from the deal will be frozen in a UK financial balance until the public authority has gotten further confirmations that the cash will exclusively go to help compassionate causes in Ukraine.

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Russian-Israeli very rich person Abramovich put Chelsea, which he bought in 2003, available to be purchased on March 2, seven days after Vladimir Putin's attack of Ukraine on February 24.

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The takeover closes his 19-year responsibility for club and will see Los Angeles Dodgers co-proprietor Boehly become Chelsea's controlling proprietor, despite the fact that California venture company

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Clearlake Capital will accept the larger part shareholding. It is accounted for the new proprietors intend to put £1.75bn into the club, setting the general takeover esteem at £4.25bn

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Todd Boehly new owner of Chelsea £4.25bn bid

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