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Todd Boehly has won the highest bidder to buy Chelsea football club of England.

The news was announced hours ago that Todd will be the new owner of the club.

Confirm News gathered that Chelsea’s intention is to advance Todd Boehly and his group for UK Government approval ahead of a licence for the sale of the club to be issued after they were named the preferred takeover bidder.

Todd Boehly’s consortium will now be given an exclusivity period which will last several days.

Briefly on the new Chelsea owner, Boehly is an American businessman, investor, and philanthropist. He is the Co-founder, Chairman, Chief Executive Officer and controlling member of Eldridge Industries, a holding company headquartered in Greenwich, Connecticut. As of October 2021, he is the interim CEO of the Hollywood Foreign Press Association.

Boehly’s net worth is said to be around $4.5 billion.

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