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Premier League: British government approves takeover of Chelsea FC by US investors

2022-05-25T07:53:56.039Z


The financial future of Chelsea FC is secured for the time being after the sanctions against ex-owner Abramovich. A US consortium may take over the Premier League club.


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Chelsea FC fans at the FC Cup final (on May 14)

Photo: Kirsty Wigglesworth/AP

The British government has approved the takeover of English first division football club Chelsea by a consortium led by US businessman Todd Boehly.

The price for the London club around coach Thomas Tuchel and the DFB internationals Timo Werner and Kai Havertz is 4.25 billion pounds (almost five billion euros).

The government emphasized that it was ensured that the money would not benefit the previous owner, Roman Abramovich.

Rather, the aim is to support war victims in Ukraine.

The Russian oligarch had been sanctioned for Russia's war of aggression against Ukraine.

The Premier League had previously approved the deal.

Also Swiss billionaire there

"Last night the UK government reached a position where we can issue a license allowing the sale of Chelsea Football Club," the government statement said.

“Following the sanctioning of Roman Abramovich, the Government has worked hard to ensure Chelsea Football Club can continue to play football.

But it was always clear to us that the long-term future of the club could only be secured under a new owner.«

The club's future was uncertain because of the sanctions imposed on Abramovich.

Government and league approval was now needed because the Russian oligarch's assets had been frozen.

Behind the consortium of buyers are the American Boehly, who is also a co-owner of the Los Angeles Dodgers baseball team, the Swiss multi-billionaire Hansjörg Wyss and US businessman Mark Walter.

The largest stake in the London club is likely to be held by US investor Clearlake Capital in the future.

aha/dpa

Source: spiegel

All sports articles on 2022-05-25

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