Government authorize sale to Todd Boehly

The UK federal government have actually validated they have actually authorized the takeover of Chelsea by the consortium led by Todd Boehly.

Approval from the Premier League was approved initially, with the federal government promoting legal assurances from Roman Abramovich that he would not economically take advantage of the sale after being approved.

That verification came late on Tuesday, with a representative validating that Boehly’s takeover is now prepared to be officially processed.

“Late last night the UK Government reached a position where we could issue a licence that permits the sale of Chelsea Football Club,” checked out a federal government declaration.

“Following the sanctioning of Roman Abramovich, the government has worked hard to ensure Chelsea Football Club has been able to continue to play football. But we have always been clear that the long-term future of the club could only be secured under a new owner.