The sale ends 19 years of ownership and lavish investment by Roman Abramovich. The Russian oligarch was sanctioned and forced to offload the Premier League club over the war in Ukraine.
Chelsea's Christian Pulisic celebrates after scoring the only goal of the game during the English Premier League soccer match between Chelsea and West Ham United at Stamford Bridge in London, Sunday, April 24, 2022. Chelsea won the match 1-0.
The Premier League must approve them as the new ownership and the government has to sign off under the terms of the license that allows Chelsea to continue operating as a business through May 31 while being one of Abramovich's frozen assets. Boehly is already in London and was expected to attend Chelsea’s Premier League match against Wolverhampton at Stamford Bridge on Saturday. Thomas Tuchel's team is third in the standings with four games remaining. The title is out of reach but Champions League qualification is nearly secured.
The challenge will be maintaining the expectation of regular trophies produced under the expensive transformation of Chelsea, with 21 collected in 19 years.