The UK government will approve the sale of Chelsea within the next 24 hours, according to the BBC
They write that approval is on the way, following a similar green light from the Premier League to the bid from Todd Boehly’s consortium, itself the chosen buyer of Raine Group, appointed by Roman Abramovich to conduct the sale.
A slight complication, heretofore unseen, is that Abramovich is a Portuguese passport holder, meaning a deal would also have to be approved there.
Government ministers are apparently making the necessary arrangements at the European Commission. Meanwhile the difficulties that arose last week surrounding how the £1.6bn fee would be managed, seem to have been resolved, meaning there are few hurdles left to jump.
The current operating license on Chelsea – a sanctioned asset of Roman Abramovich – expires at the end of this month, and a sale before then is vital. It looks like it’s almost done now.