Todd Boehly

Roman Abramovich’s 19-year ownership of Chelsea is ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch.

The Premier League has approved the proposed sale of Chelsea to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly, although the British government still needs to sign off on the deal before it can be completed. Boehly has already agreed to buy the club for 2.5 billion pounds ($3.1 billion) — the highest price ever for a sports…

The UK government will oversee the sale of Chelsea FC to a consortium led Todd Boehly, co-owner of the Los Angeles Dodgers, two months after Russian oligarch Roman Abramovich placed the club on the market.