46-year-old American Todd Boehly’s $5.33 U.S. billion dollar deal is given the go-ahead.
The L.A. Dodgers co-owner heads a multi-billion dollar consortium.
The club came up for grabs when the former owner and Russian oligarch Roman Abramovich was sanctioned amid the war in Ukraine.
A takeover has been hanging in the balance but now Premier League bosses have given their approval to Boehly passing the required owners and directors tests with flying colours.
However, it’s not signed, sealed and delivered yet the purchase remains subject to U.K. Government approval.
Regardless, a takeover must go through by May 31 for Chelsea to compete in next season’s Champions League.
