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Todd Boehly has agreed a 4 4billion deal to sign Chelsea, with the deal set to close on Friday.
For now, the US billionaire only needs permission to take over from the Premier League and the UK government to complete the long-awaited deal.
According to the Telegraph, Boehly is set to take over before the end of the official month, which runs until May 31, with a special license from the club. The signing of the deal is seen as the most significant step towards a new Chelsea owner. .
The Premier League will not be able to stand on its own two feet unless Boehly completes the test of owners and directors.
Boehly's group said on Friday that it would agree to "anti-glazer" measures to prevent them from withdrawing money from the club, and the Telegraph added that it agreed to the terms.
Chelsea fans have raised concerns about the role of US investment firm Clearlake Capital in the offer, especially after reports emerged that they would own 60% of the club, which still has control over Boehly. However, no party has confirmed this.Todd Boehly has agreed a 4 4billion deal to sign Chelsea, with the deal set to close on Friday.
For now, the US billionaire only needs permission to take over from the Premier League and the UK government to complete the long-awaited deal.
According to the Telegraph, Boehly is set to take over before the end of the official month, which runs until May 31, with a special license from the club. The signing of the deal is seen as the most significant step towards a new Chelsea owner. .
The Premier League will not be able to stand on its own two feet unless Boehly completes the test of owners and directors.
Boehly's group said on Friday that it would agree to "anti-glazer" measures to prevent them from withdrawing money from the club, and the Telegraph added that it agreed to the terms.
Chelsea fans have raised concerns about the role of US investment firm Clearlake Capital in the offer, especially after reports emerged that they would own 60% of the club, which still has control over Boehly. However, no party has confirmed this.