CHELSEA fans and family cannot wait for the new era to begin as Thomas Tuchel could see the regime of Russian billionaire, Roman Abramovich to come to an end.
Now, the takeover of Chelsea Football Club by a consortium led by Todd Boehly is set for completion within the next 24 hours, according to reports
The UK Government are set to approve Chelsea’s £4.25bn sale in the 24 hours, according to the BBC. The west London side confirmed last week that Todd Boehly’s consortium have reached an agreement to acquire the club from Roman Abramovich.
However, the proposed deal awaited approval by the government and the Premier League before it could be completed. And, according to the BBC, the Government are set to give Chelsea the green light.
Boehly’s bid fought off competition from Sir Jim Ratcliffe, parties headed by Stephen Pagliuca and Sir Martin Broughton respectively to secure the purchase of Chelsea. The sale is expected to go through in the coming hours, with the club’s special sporting licence set to expire May 31.
The takeover comes after almost four months since Abramovich put the Blues up for sale in the wake of sanctions placed upon him by the government after Russia’s invasion of Ukraine. The ownership group includes Boehly, Clearlake Capital, Mark Walter and Hansjorg Wyss, who was present at Stamford Bridge in the Blues’ clash with Watford on the final day of the Premier League season.