Deal done! Blues fans to expect some positive news soon
Seems we are close to expect some positive news at Stamford Bridge base on new Chelsea owner.
However, Following the government’s decision to penalize Chelsea and exiting owner Roman Abramovich, the club has lost some stability.
Meanwhile, The sale of Chelsea to a consortium led by businessman Todd Boehly for £4.25 billion is anticipated to be authorized by the UK Government in the coming hours.
The buyout of Boehly has faced a number of roadblocks in recent weeks, with the UK government attempting to guarantee that Roman Abramovich does not profit from the club’s sale.
On Monday night, though, everything appeared to be on track, as Whitehall worked to resolve the outstanding concerns around the Blues takeover, with the deal set to be approved by Government officials on Tuesday.
The last technicalities were sorted out on Monday night because current owner Roman Abramovich holds a Portuguese passport, which means the takeover must be approved by Portuguese officials as well.
Chelsea’s existing permit runs out on May 31st. The club can then participate in transfer activities, as the takeover is expected to be completed before then.