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UK Government Issues A License Allowing The Sale Of Chelsea FC.

Image: Chelsea FC Twitter

That gives the green light for a takeover of the club by a consortium led by Todd Boehly.

The UK Government has issued a license allowing the sale of Chelsea - giving the green light for a takeover of the club by a consortium led by Todd Boehly.

A spokesperson said they are now "satisfied" the sale won't benefit former owner Roman Abramovich "or any other sanctioned individual".

The Premier League has also approved the purchase, with Boehly agreeing to pay 4-and-a-quarter billion pounds for the London club.

It's reported that Chelsea manager Thomas Tuchel will receive 200 million pounds for new signings as part of the deal.

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