Chelsea Sale Finalized Under Boehly's Ownership

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Nyakundi Report

Newsroom 1 min read

The sale of Chelsea Football Club was officially finalized on May 30, 2022, with the club's ownership transferring to a consortium led by American businessman Todd Boehly for £4.25 billion. This marked the conclusion of Roman Abramovich's 19-year ownership period.

The transaction required approval from the UK government and the Premier League, which was granted after the deal was deemed to meet regulatory standards. The sale followed sanctions against Abramovich due to his alleged ties with Russian President Vladimir Putin amid the Ukraine conflict.

Abramovich acquired Chelsea in 2003 for £140 million, overseeing a period of significant success that included multiple domestic and European titles. The club finished the 2021-22 Premier League season in third place, reaching the FA Cup and Carabao Cup finals but losing both to Liverpool on penalties.

Under Abramovich's ownership, Chelsea won two UEFA Champions League titles, five Premier League crowns, five FA Cups, two Europa Leagues, and three Carabao Cups. The club also secured the UEFA Super Cup in 2021 and the FIFA Club World Cup in 2022.

The women's team, established as a separate entity in 2004, won five Women's Super League titles and three FA Cups during his tenure. Abramovich stated the sale represented a

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