NewsSports

Todd Boehly-led consortium completes £4.25bn takeover of Chelsea

Todd Boehly-led consortium completes £4.25bn takeover of Chelsea

A consortium led by Todd Boehly has officially completed the purchase of Chelsea, ending Roman Abramovich’s 19-year spell running the club.Information Guide Nigeria

The club published a lengthy statement on Monday afternoon, which began: “Roman Abramovich has completed the sale of Chelsea Football Club and related companies to an investment group led by Todd Boehly and Clearlake Capital.”

The statement read: “The process was extremely thorough and completed on an accelerated timeline. Many described the proposed transaction as “unprecedented”, and it was. A transaction such as this would normally take nine months to a year to complete; we did it in less than three months.

Other Top Football News:

“The club received more than 250 enquiries from proposed purchasers, held detailed discussions with more than 100 individuals and entities, and entered into 32 confidentiality agreements, which allowed for due diligence with respect to confidential club information.

“Ultimately, the club received 12 credible bids, resulting in four and then three final bidders. The Todd Boehly and Clearlake Capital consortium were chosen as the preferred bidder.”

The statement concluded: “We would like to thank all of the bidders for their engagement, effort, and participation in this process.

“We would also like to thank our men and women footballers, the staff of both teams, everyone in our academy, and in particular Thomas Tuchel and Emma Hayes for their patience and support during this process. And, of course, thank you to all our partners, staff, and fans during this difficult phase for the club.”JAMB Result

The statement, which was put out by the former Chelsea board as a final statement before the Boehly takeover, ended by thanking Abramovich for “19 amazing, unforgettable years.”

👍Advertise your business on InfoGuideNigeria.com!

From just N4,999 per month, you can advertise your products and services to over 1,500,000 users on our website. Click here to read more.

👇👇👇👇👇

Information is Power!

Don’t miss any valuable information or opportunity that can change your life, business, and family positively and permanently.

👇👇👇👇👇

Click Here to Join our Google Group 

For Latest updates on News, Jobs & Business Ideas, and Opportunities.




Copyright Warning!

Contents on this website may not be republished, reproduced, or redistributed either in whole or in part without due permission or acknowledgment.
.
Proper acknowledgment includes, but not limited to (a) LINK BACK TO THE ARTICLE in the case of re-publication on online media, (b) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes,.
.
All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA).
.

The images, except where otherwise indicated, are taken directly from the web, if some images were inserted by mistake violating the copyright, please contact the administrator for immediate removal.

.
We publish all content with good intentions. If you own this content & believe your copyright was violated or infringed, please contact us  for immediate removal.




🤑 Start Making Money from home today!

👉 Get the correct FREE FOOTBALL PREDICTION TIPS and Guides today. Click here

.

🤑 Make Money now!

👉 Make money writing for us. Apply for Freelance writing jobs in Nigeria.

👉 Make Money as InfoGuideNigeria Advertising Agents, read more here

.

Emediong Ekpe

Emediong Ekpe is a graduate of English. A professional Sports journalist/analyst, and a spoken word artist. He is passionate about decimating information and putting smiles on people's faces via news writing.

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button

It looks like you're using an ad blocker!

This website InfoGuideNigeria.com is maintained by the advertising revenue and we noticed you have ad-blocking enabled. Please disable Ad-Blocker