The anticipated sale of the Chelsea Football Club has been confirmed and would be the most ever paid for a professional sports team.
Todd Boehly, Co-Founder, Chairman and CEO, Eldridge, speaks during the Milken Institute Global Conference on May 2, 2022 in Beverly Hills, California. The Boehly group, which also includes Swiss billionaire Wyss, were in exclusive negotiations to buy the club after a late bid from British billionaire Jim Ratcliffe was rejected.
Several groups showed interest in the team including Boston Celtics co-owner Stephen Pagliuca and former British Airways chairman Martin Broughton, as well as a consortium led by Chicago Cubs owners the Ricketts family.
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