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Chelsea football club to be sold for sh 603 billion

 Roman Abramovich clears way for Todd Boehly to buy Chelsea photo courtesy

Chelsea Football Club has confirmed that terms have been agreed with a consortium led by Los Angeles Dodgers part-owner Todd Boehly and backed by Clearlake Capital over the acquisition of the English Premier League soccer team.

The Stamford Bridge-based outfit announced the 4.25 billion pound ($5.2 billion/ sh 603billion) deal for the reigning European champions in a statement issued in the early hours of Saturday, subject to receiving the required approvals.

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