Published 2 years ago

Chelsea sale 'at risk' as ministers press Abramovich for fresh assurances over sale

Summary by Ground News

The British government has yet to approve the sale of Premier League club Chelsea to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. An update to the license allowing Chelsea to continue operating as a business is required from the government. Outgoing Russian owner Roman Abramovich is not allowed to profit from the proceeds of the sale.

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BBC News

Ministers fear Chelsea sale could 'fall apart'

Ministers are worried a £4.25bn deal to buy Chelsea may be at risk of "falling apart" due to a lack of consensus with the club over the proceeds of any sale, the BBC has learned.

2 years ago·United Kingdom

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The Guardian

Chelsea sale in danger of collapse as talks over Roman Abramovich loan stall

The government is concerned that the £4.25bn takeover of Chelsea by Todd Boehly’s consortium could break down due to oligarch’s refusal to accept a new sale structure

2 years ago·London, United Kingdom

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The Independent

Chelsea sale: Government accuse Abramovich of putting takeover in doubt with demands

The completion of a sale to a consortium led by Todd Boehly was believed to imminent

2 years ago·London, United Kingdom

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Daily Express

Government warns Roman Abramovich could 'let Chelsea go under' as sale deadline approaches

ROMAN ABRAMOVICH has still not been able to agree a deal to sell Chelsea.

2 years ago·United Kingdom

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Daily Mirror

Chelsea takeover at risk of collapse amid "alarm in government"

Government sources warn club's future is in doubt amid deadlock with sanctioned owner Roman Abramovich over £1.6bn loan two weeks before operating licence expires

2 years ago·London, United Kingdom

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Associated Press News

British govt yet to OK Chelsea sale by sanctioned Abramovich

The British government has yet to approve the sale of Premier League club Chelsea to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. Outgoing Russian owner Roman Abramovich is not allowed to profit from the proceeds of the sale since he was sanctioned and his assets were frozen for his links to President Vladimir Putin after the invasion of Ukraine.

2 years ago·United States

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