UK government authorises sale of Chelsea FC
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.
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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.
LONDON: Todd Boehly's takeover of Chelsea received a boost on Tuesday (May 24) as the British government confirmed talks have started with "international partners" to help complete the protracted sale.
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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.
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.
Chelsea have put in place plans to sign Sevilla's Jules Kounde as soon as Todd Boehly's takeover is complete and sanctions end.
Roman Abramovich and the UK government have found a ‘legal resolution’ that should see Chelsea sold before the end of the month despite concerns over what happens to the £1.6billion the Russian loaned the club.
Roman Abramovich and the UK Government have found a legal resolution that should now usher through the Chelsea sale, the PA news agency understands.