Todd Boehly Expected to Attend Chelsea vs Wolves After Signing Takeover Purchase Agreement

Todd Boehly is set to be in attendance at Stamford Bridge on Saturday afternoon when Chelsea face Wolves in the Premier League.

The part-owner of the Los Angeles Dodgers took a major step to taking over the reigns in west London on Friday night after it was confirmed by the club that the purchase agreement had been signed. 

Boehly had been spotted outside the stadium on Friday evening and posed for a photo with supporters as he closed in on a £4.25 billion takeover of Chelsea, along with his partners which include Clearlake Capital who will take a 60% share. 

Chelsea released a club statement in the early hours of Saturday morning making the Boehly agreement official.

"Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club.

"Of the total investment being made, £2.5 billion will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen UK bank account with the intention to donate 100% to charitable causes as confirmed by Roman Abramovich.

"In addition, the proposed new owners will commit £1.75 billion in further investment for the benefit of the Club. This includes investments in Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.

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