31
May
The Blues have changed hands after a glorious 19 years with a predominantly US-based consortium now at the helm. The Todd Boehly-Clearlake Capital consortium has officially completed the purchase of Chelsea, ending Roman Abramovich's 19-year spell running the club. The total investment will cost £4.25 billion ($5.2bn), with £2.5bn ($3.2bn) ending up being the sale price of the club, while there is an agreement in place that £1.75bn (2.1$bn) will be invested over 10 years. The purchase agreement was signed a fortnight ago and has been waived through by the Premier League Owners' and Directors' test, while the UK government,…