Sat. Nov 26th, 2022

British Minister for Culture, Media and Sport, Nadine Dorries, announced on Wednesday that the government has officially authorized the takeover of Chelsea. American businessman Todd Boehly will become the new owner of the Blues.
The sale of Chelsea is becoming clearer. The British government on Wednesday authorized the takeover of the London football club, owned by Russian oligarch Roman Abramovich since 2003, announced the Minister of Sports.

“Last night the government issued a license authorizing the sale of Chelsea FC. Given the sanctions we have imposed on those linked to Putin and the bloody invasion of Ukraine, the club’s long-term future can only be secured by a new owner,” the UK minister said on Twitter. of Culture, Media and Sport, Nadine Dorries.

The sale of Chelsea is becoming clearer. The British government on Wednesday authorized the takeover of the London football club, owned by Russian oligarch Roman Abramovich since 2003, announced the Minister of Sports.

4.25 billion pounds
“Last night the government issued a license authorizing the sale of Chelsea FC. Given the sanctions we have imposed on those linked to Putin and the bloody invasion of Ukraine, the club’s long-term future can only be secured by a new owner,” the UK minister said on Twitter. of Culture, Media and Sport, Nadine Dorries.

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The Premier League on Tuesday approved the takeover of Chelsea football club by the group led by American businessman Todd Boehly. This consortium had formulated on May 7 an offer of 4.25 billion pounds (4.97 billion euros) for the takeover of the London club, owned by Roman Abramovich.

In the turmoil after the Russian invasion of Ukraine, the Russian billionaire, targeted by London sanctions, had put the London club up for sale on March 2, insisting that he would not seek repayment of the loans taken out by the club throughout its 19-year reign and that all proceeds from the operation would go to war victims.

“We are confident that the proceeds of the sale will not benefit Roman Abramovich or other sanctioned persons. I would like to thank everyone, especially the officials who have worked tirelessly to keep the club playing and enable this sale, protecting the fans and the wider football community,” the sports minister said on Twitter. .

Mr Abramovich bought the “Blues” in 2003 for 140 million pounds. Thanks to the financial manna of the oligarch close to the Kremlin, Chelsea, until then a second knife of English football, suddenly transformed into a major player on the national and European level, accumulating in particular five titles in the Premier League and two Champions Leagues (2012, 2021).