The British Government gives yes to the sale of Chelsea

There is agreement. After weeks of uncertainty surrounding the future of Chelsea FC, the British government has agreed with its former owner, Russian tycoon Roman Abramovich, the legal terms of the sale of the equipment, which will pass into the hands of the North American businessman Todd Boehly and his business consortium, as the Sky chain anticipates.

During the last few decades, Abramovich financed more than 2,000 million euros to Chelsea, and despite the fact that the former owner had reported that he would not demand the repayment of the debt, there was concern in Boris Johnson’s cabinet and it was feared that the Russian tycoon would fail to fulfill his promise to renounce the loans.

Chelsea Shield/Flag

However, according to the same information from Sky, Abramovich and his advisers are confident that their latest proposal to ditch the club will be accepted by Downing Street. A very significant step because the government was the last hurdle for the sale of Chelsea, which already had the green light from the Premier League, as The Telegraph reported this week.

Before buying the English team, Boehly had to pass the “owners’ and directors’ test”, a test that in Spanish means “the test for new owners” and in which the English league analyzes if the candidate to acquire a club has any legal impediment to do so.