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Premier League approves sale of Chelsea to Bailey Consortium

London- The Premier League has approved a proposal to sell Chelsea to a consortium led by Los Angeles Dodgers co-owner Todd Bailey, but the UK government must approve the deal before it can be completed.

Bailey has already agreed to buy the club for £ 2.5 billion ($ 3.1 billion). This is the highest price ever for a sports team.

The Premier League said the board “today approved the Todd Boehly / Clear Lake Consortium’s offer to buy the Chelsea Football Club.”

“The purchase is subject to the government issuing the required sales license and the final stage of the transaction being fully completed,” he added. -agency

https://saudigazette.com.sa/article/620936/Sports/Premier-League-approves-Chelsea-sale-to-Boehly-consortium?ref=rss&format=simple&link=link Premier League approves sale of Chelsea to Bailey Consortium

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