Todd Boehly's consortium look set to finalise their takeover of Chelsea, ending Roman Abramovich's 19-year stint as the Blues owner. The Premier League confirmed on Tuesday evening that the US billionaire and his consortium had passed its owners' and directors' test.
That was swiftly followed on Wednesday morning by a statement from the UK Government, which confirmed they too were happy for the deal to progress.
It read: "Late last night the UK government reached a position where we could issue a licence that permits the sale of Chelsea. Following the sanctioning of Roman Abramovich, the government has worked hard to ensure Chelsea has been able to continue to play football. But we have always been clear that the long-term future of the club could only be secured under a new owner.
