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The government has approved the £4.25bn Todd Boehly-led consortium takeover of Chelsea.
After months of negotiations, the deal has finally been approved after the government received legal guarantees that Roman Abramovich - who has had his UK assets frozen - will not benefit from the sale.
Russian-Israeli billionaire Abramovich put Chelsea, which he purchased in 2003, up for sale on March 2, a week after Vladimir Putin's invasion of Ukraine on February 24.
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The government has approved the £4.25bn Todd Boehly-led consortium takeover of Chelsea.
After months of negotiations, the deal has finally been approved after the government received legal guarantees that Roman Abramovich - who has had his UK assets frozen - will not benefit from the sale.
Russian-Israeli billionaire Abramovich put Chelsea, which he purchased in 2003, up for sale on March 2, a week after Vladimir Putin's invasion of Ukraine on February 24.
#SkySportsNews #SkySports #Chelsea
► For the latest developments on this story: https://qrcode.skysports.com/skysport...
More from Sky Sports on YouTube:
► Sky Sports Retro: http://bit.ly/SkySportsRetroSub
► Sky Sports: http://bit.ly/SkySportsSub
► Sky Sports Football: http://bit.ly/SSFootballSub
► Sky Sports Boxing: http://bit.ly/SSBoxingSub
► Sky Sports F1: http://bit.ly/SubscribeSkyF1
► Sky Sports Cricket: http://bit.ly/SubscribeSkyCricket
► Sky Sports Golf: https://bit.ly/SubscribeSkySportsGolf
► To enquire about licensing Sky Sports News content, you can find out more here: https://www.skysports.com/more-sports...
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