The Premier League board has approved the proposed takeover of Chelsea by the Todd Boehly/Clearlake consortium, the league announced Tuesday.
“The Premier League Board has today approved the proposed takeover of Chelsea Football Club by the Todd Boehly / Clearlake Consortium,” a Premier League statement read.
“The purchase remains subject to the Government issuing the required sale licence and the satisfactory completion of the final stages of the transaction.
“The Board has applied the Premier League’s Owners’ and Directors’ Test (OADT) to all prospective Directors, and undertaken the necessary due diligence.
“Chelsea FC will now work with the relevant Governments to secure the necessary licences to complete the takeover.”
The Premier League have now approved Todd Boehly’s proposed takeover of Chelsea. #CFC pic.twitter.com/aplINVRiUF
— Nizaar Kinsella (@NizaarKinsella) May 24, 2022
The Premier League Board has approved the proposed takeover of Chelsea Football Club by the Todd Boehly / Clearlake Consortium. pic.twitter.com/06a2RVh1Ef
— Sky Sports News (@SkySportsNews) May 24, 2022
