Todd Boehly's consortium are set to complete the purchase of Chelsea after the government confirmed that they had issued a license to allow the sale to go through. It had been held up by concerns that the proceeds of the £4.24bn dollar deal could benefit sanctioned owner Roman Abramovich but legal assurances have now been provided that that will not happen.
There had been growing concerns among fans that the sale may be delayed past the deadline set for the end of May, with the Premier League confirming the line-up for the 2022-23 campaign at the start of June. Thomas Tuchel's side finished in third place last season and will now be looking to move forward under their new owners.
Boehly is joined by Hansjorg Wyss and Clearlake Capital in the consortium. They saw off competition from the likes of Sir Martin Broughton, Steve Pagliuca and a late attempt from Sir Jim Ratcliffe as Abramovich brought his tenure to a close.
