Get all your news in one place.
100's of premium titles.
One app.
Start reading
Football London
Football London
Sport
Jake Stokes

Chelsea secure crypto shirt sponsor despite UK government sanctions amid Todd Boehly takeover

Chelsea look set to unveil the first sponsorship of Todd Boehly's tenure, despite the temporary ban on the west London club to enter new contracts after the UK Government's sanctioned Roman Abramovich. The Blues, fell under the Russian billionaire's assets and wee therefore frozen, continue to operate under the strict conditions of special government licence.

The European Champions signed a deal worth £20m-a-year at the start of the year with a fast-growing cryptocurrency group called WhaleFin, according to Sky News. The report claims that the digital asset platform - owned by Singapore-based Amber Group - will be the club's new shirt-sleeve sponsor.

Sky News add that aforementioned sponsor agreement is set to be announced May 12. WhaleFin will replace Hyundai on Chelsea players' shirts from the start of next season, once the Boehly's consortium are successful in their purchase of the west London club.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.