Sports
Chelsea Takeover To Be Approved Within 24 Hours
The UK government is set to approve the Todd Boehly-led consortium takeover of Chelsea within the next 24 hours.
This came after legal guarantees that current owner Roman Abramovich will not benefit from the sale of the Premier League club.
Chelsea will be sold in a deal believed to be around £4.25bn.
It is understood the proceeds of the sale will go into a frozen bank account controlled by the government.
Abramovich has also been sanctioned by the European Union and, as he has a Portuguese passport, the sale has to be approved by the Portuguese authorities.
It is expected the deal will be signed off on Tuesday.
The deal will bring an end to the Russian’s 19-year ownership of Chelsea, during which the Blues won 21 trophies including five Premier League titles and two Champions Leagues.
-
News6 days ago
Cooking Gas Price Has Fallen
-
Gist7 days ago
My Boss Used To ‘KNACK’ My Wife After Sending Me On A Mission, To The Extent She Got… – Ex-soldier
-
Sports5 days ago
Finidi agrees deal with NFF, names three foreign assistants
-
Politics7 days ago
Revealed: What Access Bank Said About Its Dealings With Yahaya Bello
-
News6 days ago
Read How Auxiliary Was Whisked Away By Masked Security Agents as Family member Speaks
-
Politics5 days ago
Atiku Says Tinubu’s Son Is A Director In Company Related To Coastal Road Contract
-
Politics6 days ago
Rivers Crisis: I Can’t Bow To Wike, He’s Not God – Fubara
-
News6 days ago
ERA OF GIVING OIL BLOCS TO POLITICIANS AS PATRONAGE IS OVER SAYS LOKPOBIRI