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Premier League set to take final decision on Chelsea takeover

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SPORTS NEWS: Premier League set to take final decision on Chelsea takeover [New Sports News] » Naijacrawl
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According to ESPN, the Premier League is expected to approve the Todd Boehly-led consortium's takeover of Chelsea.



However, while talks between current owner Roman Abramovich and the UK government continue, a major sticking point remains.

Although the process is still underway, it is expected that the proposal led by Los Angeles Dodgers part-owner Boehly would pass the league's Owners and Directors' Test (OADT) in the coming days.

However, Abramovich and the government must reach a separate deal on what to do with the £2.5 billion asking price.

After being sanctioned by the UK government for alleged ties to Russian President Vladimir Putin, Abramovich is not allowed to personally benefit from the proceeds of any sale.

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Ojo Sunday Victor, A Professional Graphics Designer, and a skilled Content Writer in Entertainment, News and Sport Update.!An Undergraduate in Ladoke Akintola University of Technology (LAUTECH, Ogbomoso). Read More

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Ruud van Nistelrooy Confused by Toni Kroos' Retirement Decision Ahead of Champions League Final

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SPORTS NEWS: Ruud van Nistelrooy Confused by Toni Kroos' Retirement Decision Ahead of Champions League Final [New Sports News] » Naijacrawl
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In a surprising turn of events, former Real Madrid star Ruud van Nistelrooy has expressed his bewilderment over Toni Kroos' decision to retire from professional football. The veteran German midfielder, who will play his final club game in the Champions League final against Borussia Dortmund this Saturday, announced his plans to hang up his boots after Euro 2024.Despite being only 34 and still in top form, Kroos has decided to call it quits. Van Nistelrooy, who donne...
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New owners to double salary of Chelsea midfielder after takeover

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SPORTS NEWS: New owners to double salary of Chelsea midfielder after takeover [New Sports News] » Naijacrawl
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Mason Mount will receive a massive pay raise after the Todd Boehly group completes its acquisition of Chelsea, according to SportMail.The 23-year-old has established himself as an important member of both the Blues and England squads.Mount led the Premier League with 11 goals and 10 assists this season.The only Chelsea player to score in both games was the England midfielder.Despite his outstanding season, he remains one of the club's lowest paid players, earning £8...
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Roman Abramovich loan status clarified in official Chelsea statement on takeover

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SPORTS NEWS: Roman Abramovich loan status clarified in official Chelsea statement on takeover [New Sports News] » Naijacrawl
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Roman Abramovich has not asked for any loan to be repaid to him during the sale process of Chelsea, nor has he attempted to increase the price of the club during the takeover, according to a spokesperson on behalf of the Russian.When Abramovich put Chelsea up for sale at the start of March in the aftermath of Russia's invasion of Ukraine, he stated he would be writing off the £1.5bn debt owed to him in addition to all net proceeds of the sale being donated to a foun...
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