News Snapshot:
Chelsea FC said a group led by Los Angeles Dodgers co-owner Todd Boehly would acquire the London club after agreeing terms in a deal worth £4.25 billion (US$5.2 billion). “The sale is expected to complete in late May subject to all necessary regulatory approvals,” the football club said in a statement late on Friday. “More details will be provided at that time,” it added. Chelsea’s Russian owner Roman Abramovich put the Premier League club on the market in March, just days before he was sanctioned by the British government following the invasion of Ukraine. After a lengthy bidding process involving...
