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Todd Boehly 'will be an excellent owner' for Chelsea, insists Liverpool chief Tom Werner and reveals his fellow American is 'working on a stadium solution' as he welcomes their rival's £4.25bn takeover

Liverpool chief Tom Werner has welcome the arrival of Todd Boehly after he completed his £4.25billion takeover of Chelsea, and believes he will be 'an excellent owner' at Stamford Bridge.

Boehly's deal was finally approved by both the Premier League and the Government in the last 24 hours following months of uncertainty after previous owner Roman Abramovich was sanctioned amid his ties to Russian president Vladimir Putin.

The Government are now satisfied Abramovich will not profit in any way from the sale of the club and now Chelsea can look ahead to a brighter future.