Chelsea take over to carry on despite Abramovich U-turn

The latest report have claimed the proposed takeover of Chelsea by new owners will not be affected by Roman Abramovich’s unexpected decision to get unpaid debt.

According to reports, the consortium led by Todd Boehly have been identified as the favourite to take over the club.

A few days ago, it was claimed that Abramovich wanted to be repaid the £1.6bn that he lent Chelsea over his 19-year stay.

There are believe the British government would not allow such since the Russian billionaire is still under sanctions.

Nevertheless, the report via The Times said a takeover will still go through as anticipated with government taking extra steps to ensure that Abramovich does not benefit financially in the short term.

The report claimed that Abramovich’s recent change of heart surprised many within the government, and they will now look to guarantee that Fordstam, Chelsea’s parent company, do not pay out to Camberley International Investments.

Instead, the government plan to hold the £1.6bn in question at a time when Chelsea need a sale to be made official before a deadline of May 31, when their special government licence is due to expire.