Sale Of Chelsea To Todd Boehly's Consortium Approved - English Premier League
Muhammad Irfan Published May 25, 2022 | 12:10 AM
MOSCOW (UrduPoint News / Sputnik - 25th May, 2022) The sale of the Chelsea football club to the consortium of American businessman Todd Boehly has been approved, the English Premier League (EPL) said on Tuesday.
"The Premier League board has today approved the proposed takeover of Chelsea Football Club by the Todd Boehly/Clearlake Consortium.
The purchase remains subject to the Government issuing the required sale licence and the satisfactory completion of the final stages of the transaction," the EPL said in a statement.
In March, the United Kingdom, in response to Russia's military operation in Ukraine, imposed sanctions on Russian businessmen, including Roman Abramovich, who owned Chelsea since 2003. Thus, the billionaire put Chelsea up for sale but he would not benefit from it.
Related Topics
Recent Stories
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
Putin says plans to visit China in May
More Stories From World
-
Slot 'confident' of Liverpool job as 'negotiations' take place
60 minutes ago -
Google parent Alphabet's Q1 profits beat estimates: company
1 hour ago -
WADA asks 'independent prosecutor' to examine Chinese swimmers case
1 hour ago -
New York court overturns Harvey Weinstein sex crime conviction
1 hour ago -
Bagnaia and Spanish rivals chase victory at Jerez
3 hours ago -
Russian, Ukrainian strikes kill at least 10 in frontline regions
3 hours ago
-
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
3 hours ago -
Tourism must change, mayor says as Venice launches entry fee
3 hours ago -
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leave after 20 years of ..
4 hours ago -
Putin says plans to visit China in May
4 hours ago -
US reinstates open internet rules rescinded under Trump
4 hours ago -
Honda announces US$11 bn EV battery and vehicle plant in Canada
5 hours ago