Record deal to sell Chelsea should be completed by Monday

Todd Boehly is expected to take over at Chelsea on Monday (Adam Davy/PA)

Chelsea have confirmed an agreement for the sale of the club to Todd Boehly and expect it to be completed on Monday.

US magnate Boehly, leader of a Clearlake Capital consortium, will buy the Premier League club for what will be a sports franchise record deal of £4.25billion.