The bid will now be put forward for Premier League and Government approval.
The Eldridge Industries chief executive was in London on Friday night, and was expected to attend Chelsea’s Premier League clash with Wolves at Stamford Bridge on Saturday.Boehly leads the consortium bid, but US investment firm Clearlake Capital investment is expected to hold the majority stake.The Boehly consortium is understood to have agreed to clauses that block the payment of dividends or management fees until 2032, also barring the sale of any Chelsea shares for 10 years.
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