Dylan Bettencourt
After three months of uncertainty at Chelsea, the sale of the football club to the Todd Boehly consortium will be completed this week.
Roman Abramovich, an oligarch with ties to Russian president Vladimir Putin, saw him being sanctioned by several countries following Russia’s invasion of Ukraine on 24 February.
Among the countries who sanctioned the wealthy oil magnate was the UK, where he was the owner of Chelsea football club.
The sanctions threw his future at the club into uncertainty and only a few days later, the Russian put the club up for sale.
However, it was never going to be an easy sale as the English government sought to ensure Abramovich did not benefit from the sale.
This demand has seen the sale of the club delayed on several occasions, almost to the point of collapse as Abramovich failed to agree to the way the deals were structured.
But now, after a deal had been agreed with the Todd Boehly consortium a few weeks ago, the government is set to approve the deal this week.
This will be good news for Chelsea fans who have had to witness their club operating with several restrictions since February.
Chelsea have been operating on a special licence but have not been able to sell any matchday tickets, merchandise or even food at the Stamford Bridge stadium as the government did all they could to ensure the club does not make a profit that could benefit Abramovich.
The club has also not been able to renew contracts of players as well as being unable to buy or sell players.
However, with the season coming to an end and the transfer window set to be open in June, the approval of the takeover will end those restrictions.
After months of uncertainty, Chelsea will finally be able to go back to normal and leave the dark days behind.
Chelsea ended their campaign with a 2-1 home win over Watford on Sunday.
Image source: @FourFourTwo
