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Monday, 30 May 2022

The 4-and-a-quarter-billion-pound takeover of Chelsea FC by a group led by American billionaire Todd Boehly has been completed.

The net proceeds of the sale will go towards the humanitarian effort in Ukraine.

Russian oligarch Roman Abramovich can't make money from it as he's been sanctioned for apparent links to Vladimir Putin.

Boehly is also co-owner of the LA Dodgers baseball team.