Chelsea FC club announced on Saturday, the completion of all the terms of transferring its ownership to a consortium led by US businessman Todd Boehly, reports EFE.
It was agreed on allocating 2.5 billion pounds to acquire the club’s shares, with the return being deposited in a frozen account within a British bank, aiming to donate 100% of the amount to charity, according to what was confirmed by the former owner of the Russian club Roman Abramovich.
The deal is awaiting approval from the British government before proceeding to transfer, said the same source.
The sale transaction is set to be concluded by end of this month, after receiving all approvals, and will reveal more details later, according to the club.
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