Chelsea sale will be completed on Monday, club announces

The sale of Chelsea has taken it’s penultimate step, with the club announcing on their official website today that a “final and definitive agreement” was agreed with Todd Boehly and Clearlake Capital last night.

It seems like an agreement must have been reached a long time before that, given the activity we’ve seen at Companies House, but presumably the red tape of getting the massive deal approved by the government, the EU and the Premier League meant that it was only last night that the final pieces of paperwork were filed.

It’s not quite over yet – the statement says that the “transaction will be completed on Monday” – but it’s effectively done, and all that is left is the announcement.

Somewhere, behind the scenes,  a vast sum of money is being transferred from one account to another.

The Roman Abramovich era has ended after almost 20 years, and Chelsea fans will start next week in a new world, with new ownership at the helm.

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