UK Government Gives Green Light for Chelsea Sale 

The British government announced Wednesday it had approved Todd Boehly's £4.25 billion ($5.3 billion) purchase of Chelsea football club from the sanctioned Russian oligarch Roman Abramovich. In a statement released by the Department of Culture, Media & Sport, they said: “Late last night the UK Government reached a position where we could issue a license that permits the sale of Chelsea Football Club."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.“The steps today will secure the future of this important cultural asset and protect fans and the wider football community. We have been in discussions with relevant international."
Furthermore, the UK Secretary of State for the DCMS, Nadine Dorries, added: "We are satisfied the proceeds of the sale will not benefit Roman Abramovich or other sanctioned individuals.
According to this statement, Todd Boehli alliance, which acquired the ownership of the London club, will start working, whether at the club or administrative team level during the coming period.


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