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Europe clears Chelsea sale, announcement imminent

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The final pieces of the jigsaw puzzle have fallen into place for the Chelsea sale to be officially signed off and officially announced by the club.

Earlier on this morning, the UK Government announced that they have passed Todd Boehly’s consortium and accepted them as the new Chelsea owners. All that was left then was to get clearance from the European Union due to Roman Abramovich’s Portuguese citizenship.

Now, according to The Telegraph, that has been confirmed and accepted by Europe as well and not only that, Chelsea are preparing their official announcement, which might even be written by Boehly!

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The report says that Boehly received confirmation on the final clearing of his takeover from Government, the Premier League and Europe, with Chelsea now preparing an announcement on the club’s change of ownership.

This is big news as this was the final thing we needed to get passed off before the final official deal can be announced with the Boehly.

Todd Boehly (born September 20, 1973) is an American businessman, investor, and philanthropist. He is the co-founder, chairman, chief executive officer and controlling member of Eldridge Industries, a holding company headquartered in Greenwich, Connecticut.] He is also the interim CEO of the Hollywood Foreign Press Association. In May 2022, he officially was made the owner of Premier League team Chelsea.

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Boehly, whose grandparents emigrated from Germany, attended Landon School in Bethesda, Maryland, graduating in 1991. He was a member of the school’s wrestling team, which won I.A.C. championships in both 1990 and 1991.  In 2014, Landon named their facilities the Boehly Family Wrestling Room in Boehly’s honor.]

He graduated from the College of William & Mary in 1996 with a B.B.A in Finance. He also studied at the London School of Economics.] While at the London School of Economics, Boehly began working at Citibank and then at CS First Boston.

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