Chelsea takeover approved by government as Todd Boehly gets green light
The Daily Mirror says Chelsea’s takeover by Todd Boehly is set to be completed after the UK government finally approved his purchase of the club from Roman Abramovich.
The Premier League gave the deal the green light on Tuesday evening and the government has now followed suit. US businessman Boehly’s consortium – which is supported by the Clearlake Capital Group, Hansjorg Wyss, Mark Walter and others – is expected to complete their takeover before the end of the month.
A government spokesperson said: “Late last night the UK Government reached a position where we could issue a licence 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.
https://www.mirror.co.uk/sport/football/news/chelsea-takeover-government-approval-boehly-27057519
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