Chelsea Football Club has confirmed that its multibillion-pound takeover is set to be completed on Monday.
A statement from the club said: “Chelsea Football Club can confirm that a final and definitive agreement was entered into last night to sell the club to the Todd Boehly/Clearlake Capital consortium.
“It is expected that the transaction will be completed on Monday. The club will update further at that time.”
After Chelsea was put up for sale on 2 March, marking the end of the Roman Abramovich era, the Boehly-led bid secured a £4.25bn deal, largely financed by US private equity firm Clearlake Capital.
Chelsea FC has been given approval by the UK government following the proposed takeover by the Todd Boehly / Clearlake Consortium.
In a statement earlier this week, the government said it had “reached a position where we could issue a licence that permits the sale” of the club.
“We are satisfied the proceeds of the sale will not benefit Roman Abramovich or other sanctioned individuals,” Culture Secretary Nadine Dorries said.
It came after the Premier League Board approved the proposed takeover on Tuesday.