Roman Abramovich has been sanctioned by the Government
- Thread starter joe516
- Start date
I suppose he can’t take the money with him
A consortium led by LA Dodgers owner Todd Boehly is set to be named the preferred bidder for Chelsea, BBC Sport understands.
The club was put up for sale before owner Roman Abramovich was sanctioned for his alleged links to Russian president Vladimir Putin following the invasion of Ukraine.
Earlier on Friday, British billionaire Sir Jim Ratcliffe made a £4.25bn offer.
LA Dodgers' Boehly set to be Chelsea lead bidder
The club was put up for sale before owner Roman Abramovich was sanctioned for his alleged links to Russian president Vladimir Putin following the invasion of Ukraine.
Earlier on Friday, British billionaire Sir Jim Ratcliffe made a £4.25bn offer.
LA Dodgers' Boehly set to be Chelsea lead bidder
Chelsea have agreed terms on the £4.25bn ($5.2bn) sale of the club to a consortium led by Todd Boehly, co-owner of the LA Dodgers baseball team.
The club was put up for sale before owner Roman Abramovich was sanctioned for his alleged links to Russian president Vladimir Putin following the invasion of Ukraine.
A Chelsea statement said the new owners will pay £2.5bn for the club's shares.
The proceeds will go into a frozen bank account to be donated to charity.
Chelsea agree sale terms with LA Dodgers' Todd Boehly
The club was put up for sale before owner Roman Abramovich was sanctioned for his alleged links to Russian president Vladimir Putin following the invasion of Ukraine.
A Chelsea statement said the new owners will pay £2.5bn for the club's shares.
The proceeds will go into a frozen bank account to be donated to charity.
Chelsea agree sale terms with LA Dodgers' Todd Boehly
The Premier League has approved the £4.25bn takeover of Chelsea by a consortium led by LA Dodgers co-owner Todd Boehly.
The league says the consortium has passed its owner's and directors' test.
The Premier League club was put up for sale before owner Roman Abramovich was sanctioned over his links to Russian president Vladimir Putin.
The purchase remains subject to the Government issuing the required sale licence.
The final stages of the transaction will then need to be completed.
The government does not want Abramovich to make any proceeds from the sale but sources are optimistic about a deal being finalised on Tuesday night.
"We now believe everyone will be ready to issue the necessary licences" said one insider.
"The last remaining hurdle boils down to a number of final technical details that are being discussed with the club."
Premier League approves Boehly's Chelsea takeover
The London club was put up for sale in March before owner Roman Abramovich was sanctioned over his links to Russian president Vladimir Putin.
On Tuesday, the Premier League said the consortium had passed its owners' and directors' test.
Chelsea have been operating under a special government licence which expires on 31 May.
Government approves Boehly's Chelsea takeover
The league says the consortium has passed its owner's and directors' test.
The Premier League club was put up for sale before owner Roman Abramovich was sanctioned over his links to Russian president Vladimir Putin.
The purchase remains subject to the Government issuing the required sale licence.
The final stages of the transaction will then need to be completed.
The government does not want Abramovich to make any proceeds from the sale but sources are optimistic about a deal being finalised on Tuesday night.
"We now believe everyone will be ready to issue the necessary licences" said one insider.
"The last remaining hurdle boils down to a number of final technical details that are being discussed with the club."
Premier League approves Boehly's Chelsea takeover
Todd Boehly consortium takeover deal gets UK government approval
The government has approved the £4.25bn takeover of Chelsea by a consortium led by LA Dodgers co-owner Todd Boehly.The London club was put up for sale in March before owner Roman Abramovich was sanctioned over his links to Russian president Vladimir Putin.
On Tuesday, the Premier League said the consortium had passed its owners' and directors' test.
Chelsea have been operating under a special government licence which expires on 31 May.
Government approves Boehly's Chelsea takeover
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Chelsea's £4.25bn sale to a consortium led by American investor Todd Boehly has been completed.
The club was put up for sale in March before previous owner Roman Abramovich was sanctioned over his links to Russian president Vladimir Putin.
Chelsea had been operating under a special government licence which would have expired on 31 May.
Boehly said in a statement that he was "honoured" and "wanted to make fans proud".
Chelsea £4.25bn sale to Boehly consortium completed
The club was put up for sale in March before previous owner Roman Abramovich was sanctioned over his links to Russian president Vladimir Putin.
Chelsea had been operating under a special government licence which would have expired on 31 May.
Boehly said in a statement that he was "honoured" and "wanted to make fans proud".
Chelsea £4.25bn sale to Boehly consortium completed
