The British government has yet to approve the sale of Chelsea from outgoing Russian owner Roman Abramovich to Los Angeles Dodgers part-owner Todd Boehly.
Los Angeles Dodgers part-owner Todd Boehly is set to buy the Premier League club from Russian owner Roman AbramovichThe British government has yet to approve the sale of Premier League club Chelsea to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly.
Outgoing Russian owner Roman Abramovich is not allowed to profit from the proceeds of the sale since he was sanctioned and his assets were frozen for his links to President Vladimir Putin after the invasion of Ukraine. An update to the license allowing Chelsea to continue operating as a business is required from the government to approve the buyout. The club was put up for sale in March and a rapid process ended with Boehly's group being chosen as the new owner on May 6.
The license expires on May 31, and there's a risk to the club continuing to operate if an agreement cannot be reached over the structure of the sale. Stay informed during the severe weather season with our local news and weather app. Get the NBC 5 Chicago app for
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