Chelsea are nearing the end of the month, meaning their deadline for completing a prospective takeover is nearing. It comes as their Government-issued sporting licence expires next week.
That’s after over three months of drama in the ownership saga, with Roman Abramovich announcing the sale of the club after 19-years at the helm. He was sanctioned by the UK Government shortly after, with his assets frozen and the Blues placed under the licence to allow them to continue, but restricting other processes.
US banking firm Raine was left in charge of overseeing the bidding, eventually choosing Todd Boehly’s consortium as the preferred bidder. There have been some fine details to iron out, but it appears the American is set to complete the takeover in the coming days.
