Todd Boehly on the verge of officially completing Chelsea takeover
Chelsea’s sale has teetered on the brink of completion, with the Government close to issuing the new licence to sign off on Todd Boehly’s £4.25billion takeover.
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Chelsea’s sale has teetered on the brink of completion, with the Government close to issuing the new licence to sign off on Todd Boehly’s £4.25billion takeover.
Government sources believe the bid to push Chelsea’s sale through on Tuesday night could “go down to the wire”.
The Premier League board has approved the proposed takeover of Chelsea by the Todd Boehly/Clearlake Consortium, the league has announced.
The Chelsea sale is inching ever closer to being ratified, the PA news agency understands.
Britain is set to approve the sale of Chelsea to a consortium led by Los Angeles Dodgers part-owner Todd Boehly, after owner Roman Abramovich gave assurances over the deal.
Football needs an independent regulator to avoid a repeat of what has happened at Chelsea and other clubs, Culture Secretary Nadine Dorries has said.
Thomas Tuchel believes Chelsea face a summer of “rebuilding” amid the impact of the Stamford Bridge club’s sale.
Roman Abramovich remains hopeful of striking a legal resolution to usher through the Chelsea sale but the UK government is yet to agree any terms, the PA news agency understands.