Chelsea confirms Boehly-led Consortium as New owners

 Chelsea confirms Boehly-led Consortium as New owners

Chelsea Football Club has declared that arrangements have been agreed on for the purchase of the English Premier League soccer franchise with a group led by Los Angeles Dodgers part-owner Todd Boehly and backed by Clearlake Capital.

In a statement released early Saturday, the Stamford Bridge-based club confirmed the 4.25 billion pound ($5.2 billion) agreement for the reigning European champions, subject to getting the necessary approvals.

Chelsea Football Club can confirm that arrangements have been negotiated for a new ownership group to acquire the club, led by Todd Boehly, Clearlake Capital, Mark Walter, and Hansjoerg Wyss, according to a statement.

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