And one assumes that this also means the sanctions have been lifted on the club.
The board of directors have released a collective statement taking us all through the process of the sale and confirming that is has been completed officially, via the Chelsea website.
It’s been a real long process but really when you think about it, it has actually been done fast in terms of buying a football club. This is usually a much longer process, but of course, Chelsea had no choice.
Incredibly, the club said they had enquiries from 250 proposed purchasers before they narrowed it down and chose Todd Boehly’s consortium to take the reigns at the club.
Roman Abramovich is officially no longer the owner of Chelsea Football Club and Boehly’s group are taking charge from today. It’s the end of an amazing era at the club, but the start of an exciting new one.