Chelsea Sold As Lukaku's Exit Negotiations Gain Momentum

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Written By: Tanwa

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Chelsea has officially announced that the Todd Boehly-led consortium has completed a £4.25bn takeover of the London club.

The club made the announcement in a statement released on its official website on Monday.

The takeover brings to an end Roman Abramovich’s 19-year ownership of the club.

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The statement read:” Roman Abramovich has completed the sale of Chelsea Football Club and related companies to an investment group led by Todd Boehly and Clearlake Capital."

 “This sale process commenced on 2 March, when Mr Abramovich announced his intention to sell the Club after 19 successful years of ownership.

“In selling the Club, Mr Abramovich stipulated that the new owner must be a good steward of the Club, the net proceeds of the sale must be donated to charity and that he would not seek the repayment of loans made to affiliates of the Club.

On the transfer front, Inter Milan will meet Romelu Lukaku's lawyer on Tuesday to enquire about the feasibility of a potential move back to Serie A, according to Sky in Italy.

Lukaku moved to Chelsea for £97.5million last summer and admitted his desire to return to Inter in the future in a controversial interview with Sky in Italy last December.

Barcelona winger Ousmane Dembele has been holding out to receive an offer from Chelsea, according to reports.

The 25-year-old is out of contract with Barca this summer, allowing him to leave Camp Nou as a free agent.