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Chelsea Supporters' Trust 'welcome' positive news that Todd Boehly's consortium has signed an agreement ahead of £4.25bn takeover and are 'optimistic' over the club's future after talks with the LA Dodgers owner

The Chelsea Supporters' Trust say they welcome news that the terms have been agreed for Todd Boehly to complete his £4.25bn takeover of the club.

Chelsea confirmed on their official website at 1.37am on Saturday morning that the American's consortium can purchase the club, following the UK Government's approval.

The club said that the deal is expected to be completed by the end of May, 'subject to all necessary approvals'.

Boehly's consortium was named as the preferred bidder to take over at Stamford Bridge by the Raine Group, the American bank who are overseeing the sale.