Todd Boehly has become Chelsea's new owner following the completion of his £3.5billion takeover.
Boehly's consortium was named as the preferred bidder to take over at Stamford Bridge by the Raine Group, the American bank who are overseeing the sale. He has partnered with fellow Dodgers owner Mark Walter, Swiss billionaire Hansjorg Wyss as well as investment firm Clearlake Capital.
Boehly saw off competition from consortiums fronted by Stephen Pagliuca and Sir Martin Broughton and even a late £4.25bn bid from Britain's richest man Sir Jim Ratcliffe.
Chelsea confirmed by their official website that terms have been agreed for the new ownership group, led by Todd Boehly, to acquire the Premier League club.