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British government approved Chelsea

The British government has approved the takeover of the English football club FC Chelsea through a consortium around the US businessman Todd Boehly.

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The price for the London club around coach Thomas Tuchel and the DFB international Timo Werner and Kai Havertz is £ 4.25 billion (just under five billion euros). The government emphasized that the money does not benefit the previous owner Roman Abramovich. Rather, war victims in Ukraine are to be supported.

The Russian oligarch had been occupied with sanctions because of the Russian war war against Ukraine. The Premier League had previously agreed to the deal.

“Last night, the British government has reached a position in which we can give a license that allows the sale of the Chelsea Football Club,” said the government notification. “After the sanction of Roman Abramovich, the government worked hard to ensure that the Chelsea Football Club can continue to play football. But it was always clear to us that the long-term future of the association can only be secured under a new owner.”

Chelsea future was uncertain

The future of the club had been uncertain because of the sanctions against Abramovich. The approval of the government and league was necessary because the fortune of the Russian oligarch was frozen.

Behind the buyer consortium stand next to the American Boehly, who is also a co-owner of the baseball team Los Angeles Dodgers, the Swiss multi-billiards Hansjörg Wyss and US businessman Mark Walter. The largest proportion of the London club will in future be held by the US investor Clearlake Capital.