Chelsea FC takeover reliable as govt approves sale | Trade Information

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The sale of Chelsea FC has been given approval via the United Kingdom govt following the proposed takeover via the Todd Boehly / Clearlake Consortium.

In a observation the federal government mentioned it had “reached a place the place lets factor a licence that allows the sale” of the membership.

“We’re glad the proceeds of the sale is not going to get advantages Roman Abramovich or different sanctioned people,” Tradition Secretary Nadine Dorries mentioned.

It got here after the Premier League Board licensed the proposed takeover on Tuesday.

The sale will deliver down the curtain on Roman Abramovich‘s 19-year tenure as the landlord of Chelsea.

A central authority spokesperson mentioned: “Following in depth paintings, we at the moment are glad that the overall proceeds of the sale is not going to get advantages Roman Abramovich or every other sanctioned person.

“We can now start the method of making sure the proceeds of the sale are used for humanitarian reasons in Ukraine, supporting sufferers of the battle.”

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