⚽️?Chelsea Football Club on Saturday confirmed its new owner is a consortium led by Todd Boehly, an American billionaire investor and part-owner of the Los Angeles Dodgers. The deal was closed for £4.25 billion ($5.2 billion), though the purchase is yet to be approved by the UK government and the Premier League.

The high price, one of the highest that has ever been paid for a professional sports team, follows a bidding war that went on for nearly two months.

Russian billionaire Roman Abramovich owned the club for 19 years before putting it up for sale this March amid his alleged ties to Russia's Vladimir Putin. The English Premier League team said it had "agreed on terms," but exact details of the sale, which is expected to be completed by the end of May, would come later.

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