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Portugal approves Abramovich’s Chelsea sale to Todd Boehly consortium

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SPORTS NEWS: Portugal approves Abramovich’s Chelsea sale to Todd Boehly consortium [New Sports News] » Naijacrawl
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The Portuguese government has approved Roman Abramovich’s sale of Chelsea FC to the Todd Boehly consortium.



Abramovich was sanctioned and had his assets frozen by the United Kingdom government.

The Russian oligarch then put the Stamford Bridge outfit up for sale in early March following the Russian invasion of Ukraine.

The deal, worth more than $5 billion, will see an ownership group led by Todd Boehly take control.

Abramovich has Portuguese citizenship and, due to sanctions, Lisbon was required to approve the sale of the West London club.

The government said in a statement on Wednesday evening that "Portuguese authorization is a result of the guarantee given by British authorities that proceeds from the sale will be used for humanitarian ends, without benefiting directly or indirectly the club owner, which is on the European Union sanctions list."

“The national position has the assent of the European Union,” the Portuguese executive added.

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Transfer deadline: Chelsea’s Todd Boehly submit £50m for Ajax’s Mexican midfielder

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SPORTS NEWS: Transfer deadline: Chelsea’s Todd Boehly submit £50m for Ajax’s Mexican midfielder [New Sports News] » Naijacrawl
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Ajax star Edson Alvarez is forcing his way through a move to Chelsea.This is after Chelsea owner Todd Boehly made a £50m move for the Mexico international.According to De Telegraaf, the Blues, Chelsea, have made a £50m offer for Alvarez on Wednesday.Alvarez can play as a defensive midfielder or centre-back.He is keen on joining the Blues, having pushed for a move away from Ajax earlier in the summer.The Dutch champions had earlier blocked the 24-year-old from joinin...
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Update: Todd Boehly has Officially signed to become Chelsea's New Owner

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SPORTS NEWS: Update: Todd Boehly has Officially signed to become Chelsea's New Owner [New Sports News] » Naijacrawl
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Todd Boehly's has reportedly signed the purchase agreement to buy Chelsea - a huge step in ending Roman Abramovich's 19-year ownership of the Premier League club.The US businessman and his consortium are believed to have agreed a deal worth up to £4billion with Abramovich and is now seeking approval from the UK government and the Premier League. A deal is expected to be completed before the end of the month.Chelsea were put up for sale by Abramovich just days before...
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Abramovich’s sanctions, Chelsea uncertainty affecting transfers – Tuchel

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SPORTS NEWS: Abramovich’s sanctions, Chelsea uncertainty affecting transfers – Tuchel [New Sports News] » Naijacrawl
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According to manager Thomas Tuchel, the uncertainty surrounding Chelsea's ownership is providing their rivals an early advantage in the summer transfer market.The UK government has sanctioned Blues owner Roman Abramovich, and the Premier League club is in the process of being sold.Chelsea are prohibited from signing players or agreeing to contract extensions with existing members of their team under the rules of a special license that allows the club to operate.Anto...
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