Government approves Todd Boehly's £4.25bn Chelsea takeover

  • 2 years ago
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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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