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Irish Mirror
Irish Mirror
Sport
Joe Krishnan

Roman Abramovich and UK government strike deal to push through Chelsea takeover

Roman Abramovich has struck a deal with the UK government which will push through Todd Boehly's takeover of the club and finally bring an end to his ownership of Chelsea.

The Russian billionaire and his legal team have reportedly found a resolution to the issues that had prevented the takeover from being finalised. As reported by the PA News Agency, the two parties have now struck an agreement over how his £1.5bn loan will be handled.

Abramovich has repeatedly stated he does not wish to have the loan repaid to him, but Government officials were apparently worried that the 55-year-old would perform a U-turn at a later date and call for the money to be repaid. However, the exiled Chelsea owner, who was sanctioned by the government in response to Russia ’s invasion of Ukraine in February, has now provided further assurances to Downing Street that he will not return to collect the loan.

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