Chelsea, the Premier League soccer team whose sale was forced after the Russian oligarch who bankrolled its success was placed under crippling sanctions, will be bought by a consortium led by Todd Boehly, an American billionaire who is a part-owner of the Los Angeles Dodgers, the club said on Saturday.
The price of 2.5 billion pounds, or $3.1 billion, would be the most ever paid for a team in any sport. The sale, one of the more unusual in modern sports history, still requires the approval of the British government, which imposed the sanctions on the club’s owner, Roman Abramovich, and froze his assets, including Chelsea, in the wake of Russia’s invasion of Ukraine.