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The Independent UK
The Independent UK
Sport
Jamie Gardner

Chelsea sale: What will happen to the money after takeover from Roman Abramovich completed

PA Wire

The proceeds from the sale of Chelsea will be frozen in a UK bank account until the government has received further assurances that the money will solely go to support humanitarian causes in Ukraine.

By 11pm on Tuesday night the government had reached a position where it felt it could issue a licence permitting the sale of the west London club to a consortium led by American businessman Todd Boehly, a move which helps to secure the Blues’ future and effectively help them return to business as usual after months in limbo.

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