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Chelsea are a major step closer to having new owners after the UK government on Wednesday said it had issued its approval to the Todd Boehly-led consortium to complete its takeover of the Premier League club.
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The UK government announced Wednesday it had given the green light to Todd Boehly's proposed takeover of Chelsea football club from the sanctioned Russian oligarch Roman Abramovich. Secretary of State for Digital, Culture, Media and Sport Nadine Dorries said she had issued a licence permitting the deal late on Tuesday, shortly after it won approval from the Premier League.
The United Kingdom government has issued a licence that grants the sale of Chelsea to the Todd Boehly/Clearlake Consortium, it was announced on Wednesday.
Secretary of State for Digital, Culture, Media and Sport Nadine Dorries said she had issued a licence permitting the deal late on Tuesday, shortly after it won approval from the Premier League.
football club Chelsea, sports minister Nadine Dorries said on Wednesday. Current owner Roman Abramovich is subject to sanctions by the British government. He put the London club up for sale in early March following Russia's invasion of Ukraine, which Moscow calls a "special military operation". "We are satisfied the proceeds of the sale will not benefit Roman Abramovich or other sanctioned individuals," Dorries said on Twitter.
Todd Boehly’s simple refusal to countenance any distractions has proved central to the Connecticut billionaire’s successful Chelsea takeover.