UK government permits the sale of Chelsea football club

The UK government has finally announced that it has agreed to issue a license that will permit the sale of Chelsea football club.

Todd Boehly’s £4.25billion takeover of the Stamford Bridge Club was approved by the Premier League on Tuesday evening.

Furthermore, the government is satisfied to issue a new sale license which would ensure that the club can meet all deadlines for registration for next season’s competitions.

A government statement released by the department of culture, media and sports read, “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. But we have always been clear that the long-term future of the club could only be secured under a new owner. The steps today will secure the future of this important cultural asset and protect fans and the wider football community. We have been in discussions with relevant international.”

Furthermore, the UK secretary of state for the DCMS, Nadine Dorries added, “We are satisfied the proceeds of the sale will not benefit Roman Abramovich or other sanctioned individuals. I want to thank everyone, especially officials who’ve worked tirelessly to keep the club playing and enable this sale, protecting fans and the wider football community.”

The Chelsea sale is reaching its conclusion after Abramovich out the club up for sale back in March, with the Blues looking forward to the Boehly’s era in London.

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