The giants of Premier League made this known on their website that terms have been agreed upon for the new ownership group overseen by Todd Boehly.
Boehly has taken over the club from Roman Abramovic following his payment completion of £3.5billion.
His partnership was named as the best bidder to take over Chelsea by the Raine Group, the US bank who are governing the sale.
In Chelsea’s statement, they wrote;
“Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club.
“The sale is expected to complete in late May subject to all necessary regulatory approvals. More details will be provided at that time.”