Todd Boehly has reportedly won the race to buy Chelsea after agreeing a deal worth £3.5billion. The Blues were put up for sale by their Russian oligarch owner Roman Abramovich in March following his country’s attack on Ukraine.
According to The Telegraph, the American will be confirmed as the club’s preferred buyer, although there has been no official confirmation from the Boehly group, Chelsea or Raine, the bank overseeing the sale.
Boehly’s bid had made it onto the final shortlist, which also included consortiums fronted by Stephen Pagliuca and Sir Martin Broughton. Sir Martin Broughton’s bid had been backed with £10million apiece from F1 star Lewis Hamilton and tennis ace Serena Williams. But the sporting big-hitters will now have to turn their attentions elsewhere if they want to enter the world of football ownership.