UK Authorities Offers Ultimate Verdict on the Sale of Chelsea FC

 

The UK authorities have given its ultimate verdict because it considerations the sale of Chelsea Soccer Membership following the sanction on Roman Abramovich.

The excellent news for all Chelsea followers got here from the choice which was taken following a gathering late on Tuesday. In accordance with experiences from the end result of the assembly, the UK authorities is glad that nothing from the sale proceeds will likely be despatched to Abramovich.

Late final evening the UK Authorities reached a place the place we may problem a licence that allows the sale of Chelsea Soccer Membership. Following the sanctioning of Roman Abramovich, the Authorities has labored arduous to make sure Chelsea Soccer Membership has been capable of proceed to play soccer. However we have now at all times been clear that the long-term way forward for the membership may solely be secured beneath a brand new proprietor. Following in depth work, we are actually glad that the complete proceeds of the sale won’t profit Roman Abramovich or another sanctioned particular person. We are going to now start the method of making certain the proceeds of the sale are used for humanitarian causes in Ukraine, supporting victims of the struggle. The steps at this time will safe the way forward for this vital cultural asset and shield followers and the broader soccer neighborhood. We’ve got been in discussions with related worldwide companions for vital licences required and we thank them for all their co-operation.

The information got here after the Premier League authorized the ultimate takeover of Chelsea by Todd Boehly/ Clearlake Consortium.

The Premier League Board has at this time authorized the proposed takeover of Chelsea Soccer Membership by the Todd Boehly/Clearlake Consortium. The acquisition stays topic to the Authorities issuing the required sale licence and the passable completion of the ultimate phases of the transaction.

It’s reported that Chelsea are able to spend at the least £200 million throughout the summer season switch window.

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