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Chelsea football club to be sold for sh 603 billion

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 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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