This three most leave by summer - new Chelsea owner takes the first steps in putting things in place for the grate club.
This three most leave by summer - new Chelsea owner takes the first steps in putting things in place for the grate club.
Roman Abramovich has been disqualified as a director of Chelsea by the Premier League board but the sale of the club is expected to progress with Government oversight.
The sanctioning of Blues owner Abramovich by the UK Government on Thursday saw the Russian-Israeli billionaire’s UK assets frozen, including Chelsea, which stalled proceedings.
Chelsea have been handed a new licence to continue operations, however, and the European champions are still locked in negotiations with the Government to ease restrictions.
New York merchant bank the Raine Group has now assessed the terms of the licence. They have agreed a route forward for the sale with the Government.
The Premier League board’s decision to disqualify Abramovich is unlikely to have any real impact. That’s as the sale process was already under way. It neither affects Chelsea’s ability to play matches.
There was some positive news for the club on Saturday, however. That’s after the licence was amended to allow up to £900,000 to be spent per home match
Comments
Post a Comment