The UK Government may still need to know key Marina Granovskaia and Bruce Buck information before they give the final green light on Todd Boehly's proposed takeover amid, it has been claimed.
It was a key day in the history of Chelsea FC on May 7 as it was announced around 1am that the takeover bid from Boehly's consortium had been accepted, subject to the Government and Premier League's approval. The statement read: "Chelsea Football Club can confirm that terms have been agreed for a new ownership group, led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjoerg Wyss, to acquire the Club.
"Of the total investment being made, £2.5bn will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen UK bank account with the intention to donate 100% to charitable causes as confirmed by Roman Abramovich. UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account. In addition, the proposed new owners will commit £1.75bn in further investment for the benefit of the Club. This includes investments in Stamford Bridge, the Academy, the Women’s Team and Kingsmeadow and continued funding for the Chelsea Foundation.
"The sale is expected to complete in late May subject to all necessary regulatory approvals. More details will be provided at that time." Hours later, Boehly attended Chelsea vs Wolves and had to witness problems continue mounting up on the pitch for Thomas Tuchel as his preferred backline collapsed late on as Trincao and Conor Coady left Stamford Bridge in stunned silence.
