Chelsea takeover: contract signed for Boehly group to end Abramovich era

Deal subject to Premier League and government approvalLargest stake in club set to be held by US private equity firm

A consortium led by Todd Boehly has signed a contract to buy Chelsea and the deal to end Roman Abramovich’s ownership will go through subject to Premier League and UK government approval.

Boehly, a part-owner of baseball’s LA Dodgers and founder of Eldridge Industries, is expected to be the most public face of the consortium, although the largest stake in Chelsea is set to be held by the US private equity firm Clearlake Capital.

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