The £4.25bn sale of Chelsea to the Todd Boehly-led consortium is expected to be completed on Monday after the club confirmed "a final and definitive agreement" was reached on Friday evening.
After months of negotiations, the deal was approved on Wednesday after the government received legal guarantees that Roman Abramovich - who has had his UK assets frozen - will not benefit from the sale.
The proceeds from the sale will be frozen in a UK bank account until the government has received further assurances that the money will solely go to support humanitarian causes in Ukraine.
In a statement on Saturday, the club said: "Chelsea Football Club can confirm that a final and definitive agreement was entered into last night to sell the club to the Todd Boehly/Clearlake Capital consortium.
"It is expected that the transaction will be completed on Monday. The club will update further at that time."
Russian-Israeli billionaire Abramovich put Chelsea, which he purchased in 2003, up for sale on March 2, a week after Vladimir Putin's invasion of Ukraine on February 24.
