The takeover of Chelsea is due to be approved by the UK government, with an official announcement coming within 24 hours.
This comes as the Chelsea takeover nears completion, with the club’s current license set to expire on May 31.
Several sources have indicated that the UK government is ready to grant Chelsea the go light to complete the takeover, with an announcement expected this week.
Boehly has been in attendance during recent games since the agreement was announced
Blues expect the government to approve the takeover by the end of Tuesday, according to Ben Jacobs, and they are confident in announcing Todd Boehly’s consortium as the official owners this week.
Despite’ major challenges to overcome,’ the BBC supported this, predicting that the government will accept the takeover within 24 hours.
Because owner Roman Abramovich holds a Portuguese passport, the takeover is expected to require approval from Portuguese officials as well.
The government is said to be happy that Roman Abramovich’s loan won’t be paid to the Russian oligarch or his family
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As a result, the European Commission had “intensive conversations” to provide assurances about the transaction.
Chelsea will be given the go-ahead for the sale on Monday night, according to the Telegraph, with Portugal and the European Commission need to approve the deal due to Abramovich’s citizenship in the European country.
The timing of the transaction is unknown, but it is expected to be disclosed this week, allowing Chelsea to concentrate on their summer recruits.
