Todd Boehly-Led Group Agrees to Buy Chelsea From Roman Abramovich

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Todd Boehly-Led Group Agrees to Buy Chelsea From Roman Abramovich
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Chelsea has won five Premier League titles and two Champions League trophies since the Russian oligarch bought the club for nearly $190 million in 2003

A consortium led by American investor Todd Boehly has reached an agreement with Roman Abramovich over the sale of Chelsea, with £2.5 billion going to the sale of the shares, Boehly, formerly the president of Guggenheim Partners, is an owner of the Dodgers, Lakers and the WNBA’s Sparks. The group is also led by Dodgers controlling owner Mark Walter, Swiss billionaire Hansjörg Wyss and investment firm Clearlake Capital.

The Russian oligarch has been at the helm of Chelsea for nearly two decades. In 2003, Abramovich bought the club from British businessman Ken Bates for nearly $190 million. What followed was

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