A big update coming in ladies and gentlemen.

As per the latest reports in Wion, an era has come to an end. Chelsea Football Club and Roman Abramovich have parted ways. Even though there was a bigger offer from INEOS’ Sir Jim Ratcliffe, Abramovich apparently saw Todd Boehly as the better candidate to take over the club. The part oenwer of Los Angles Dodgers, Los Angeles Lakers and Sparks has a success rate that leaves Chelsea in the best possible hands.

Reports reveal that the final €4.9 billion offer will be split between a bigger chunk that is destined to purchase club shares and a smaller one destined to apply for further investment in the football club. Check out the official statement by Chelsea –

For more updates, stay tuned to IWMBuzz.com