Premier League set to take final decision on Chelsea takeover
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.
Roman Abramovich loan status clarified in official Chelsea statement on takeover
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...
De Gea reveals final decision on Man United’s future, gives verdict on Ronaldo
David de Gea, the top goalie for Manchester United, has spoken candidly about his future with the team.When his contract expires at the end of the current campaign, the Spaniard claims he would prefer to stay at the team.The former Atletico Madrid goalkeeper has drawn a lot of flak in recent years, particularly for his inability to play out from the back as required of goalkeepers in modern football.With the arrival of Erik Ten Hag at Old Trafford, De Gea has been r...
Transfer deadline day: Depay confirms final decision on Barcelona future
The Barcelona forward, Memphis Depay, has confirmed that he will be staying at the club this season.Depay revealed this in a tweet posted late on transfer deadline day.According to him, he is “fully committed” to the LaLiga club, even though he was close to leaving.“I have decided to stay at Barça!“Fully committed to contributing to the club’s sporting success,” Depay tweeted.Depay was set to terminate his contract at the Nou Camp and join Juventus, but the move fel...
Download Naijacrawl App today
Fastest way to read on the go
Download the Naijacrawl App.