Premier League board approves takeover of Chelsea by Todd Boehly consortium

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Premier League board approves takeover of Chelsea by Todd Boehly consortium
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The government has approved the Chelsea takeover by the Todd Boehly led consortium

On Tuesday, the Premier League said the consortium led by the American had passed its owners’ and directors’ test.It finally looks like Boehly will be given the keys to Stamford Bridge and replace Roman Abramovich as the 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 partners for necessary licences required and we thank them for all their cooperation.” Chelsea’s players and staff found out the club was being sold at Kenilworth Road, amid final preparations for their FA Cup fifth-round clash at Luton Town.despite the obvious distractions, as Abramovich released a statement pledging to write off the club’s debt and set up a foundation to aid victims of the war in Ukraine.

Once the new bosses are in place, the Blues will be able to return to business as usual – and there will be no time to lose in re-configuring the playing squad.

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