TDPel Media News Agency

Roman Abramovich sells Chelsea

✔ Fact Checked by TDPel News Desk
By Samantha Allen
Published: May 26, 2022 | 6:01 PM

According to RIA Novosti, which cites the British authorities, Russian oligarch Roman Abramovich has completed the sale of Chelsea Football Club in London.

Roman Abramovich sells Chelsea

Chelsea, a Premier League (EPL) team owned by Russian billionaire Roman Abramovich, has been sold to a group led by American businessman Todd Boeli.

The purchase was previously estimated to be worth $5.33 billion dollars.

Following his inclusion on the British government’s list of sanctions against Russia, Roman Abramovich turned over control of Chelsea to trustees of the same-named nonprofit organization on February 26. His assets were taken, including the football team. Abramovich was forbidden from benefitting from the sale of the club by the British government, putting the agreement in risk.

Roman Abramovich acquired Chelsea in 2003. During this time, the club has won the title of the champion of England five times and became the winner of the Champions League and the Europa League twice.

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Samantha Allen

About Samantha Allen

Samantha Allen is a seasoned journalist and senior correspondent at TDPel Media, specializing in the intersection of maternal health, clinical wellness, and public policy. With a background in investigative reporting and a passion for data-driven storytelling, Samantha has become a trusted voice for expectant mothers and healthcare advocates worldwide. Her work focuses on translating complex medical research into actionable insights, covering everything from prenatal fitness and neonatal care to the socioeconomic impacts of healthcare legislation. At TDPel Media, Samantha leads the agency's health analytics desk, ensuring that every report is grounded in accuracy, empathy, and scientific integrity. When she isn't in the newsroom, she is an advocate for community-led wellness initiatives and an avid explorer of California’s coastal trails.