The Chelsea football club takeover story is officially over as reports suggest that the Todd Boehly consortium has been selected as the preferred bidder. This comes after Sir Jim Ratcliffe, Britain’s richest billionaire, eleventh-hour extravagant bid worth £4.75billion which is believed to be the highest bid. An offer of £3.5billion was made by the consortium led by Boehly. Boehly is an experienced sports owner who owns minority stakes in the Los Angeles Lakers and Los Angeles Dodgers.
