The UK Government has finally approved the sale of Chelsea. Todd Boehly’s consortium is now set to buy the Premier League club from Roman Abramovich.
The £4.25 billion takeover bid was held up earlier this month after the government raised concerns that Abramovich would renege on his pledge to waive a £1.6bn loan.
Abramovich, who bought Chelsea for £140 million in 2003, is unable to receive a single penny from the sale of the club after he was sanctioned by the government in March.
The Russian oligarch had insisted that all net proceeds, believed to be the money from the sale minus legal fees, would be used ‘for the benefit of all victims of the war in Ukraine’.
Japan PM Sanae Takaichi & South Korea President Drum Jam Together On BTS' 'Dynamite' & More; Video Goes Viral
Thane Civic Polls 2026: Separate Booths For Purdanasheen Women, 11 Sakhi And 10 Adarsh Stations Set Up
Mumbai BMC Elections 2026: Aqua Line Services To Operate With Extended Timings On Voting Day
Navi Mumbai News: NSS Volunteers Organise Blood Donation Camp On National Youth Day 2026 At Belapur Station
Read Also
Hardik Pandya: 'My name always sells. I've no problem with it, I just take it easy with a smiling...
