Todd Boehly has formally signed the contract to buy Chelsea in a huge deal potentially worth £4billion, according to reports.
The US tycoon and LA Dodgers part-owner is now said to be just two steps away from completing the deal, with the rubber-stamp from the British government and the Premier League the last remaining steps.
As reported by the Telegraph, the purchase agreement will be advanced for the Government green light following a week of intense and complicated talks.
Boehly is set to take over from current Blues owner Roman Abramovich, a Russian oligarch who was sanctioned by the UK government over his links to Russian president Vladimir Putin, who has invaded Ukraine.