Breaking News: The UK Government approves Chelsea Football Club’s $5.3 Billion Takeover

Chelsea Football Club’s $5.3 Billion takeovers have finally been approved by the UK government after a long-range of negotiations as reported by several reliable sources.

This in reality means that Chelsea Football Club’s heavy sanctions have been uplifted. Several sources have disclosed that Todd Boehly will be named the new Chelsea owner anytime soon.

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The bidder who emerged to be Chelsea’s fans’ favourite over the takeover saga has long ago shown interest in buying Chelsea football club after heavy sanctions from the UK government struck the previous owner, Roman Abramovich.

Amongst all bidders, he emerged as the favourite to win the race after submitting a whopping number of $5.3 billion.

Chelsea’s authority approved it alongside the fans. The final loophole has slid in his favour as multiple reports have disclosed that the UK government has approved his takeover.

Official club and league statements will be released anytime soon.

Watch video below;

The government is expected to approve the take over of Chelsea by Todd Boehly's consortium in the next 24 hours 👇 pic.twitter.com/OtDzWj3KLT

— Sky Sports News (@SkySportsNews) May 23, 2022