The sale of Chelsea Football Club had been feared to be in peril, but Todd Boehly now appears to be on track to complete his buyout following an agreement between the government and Roman Abramovich.
According to sources close to the Russian, Chelsea owner Roman Abramovich has reached an agreement with the UK government that will allow the club’s sale to proceed smoothly after rumours that it had hit a hitch earlier this week.
The obstacle that was keeping Todd Boehly and his consortium from completing their takeover appears to have been solved.
According to the PA news agency, an agreement has been struck on how the £1.5 billion debt owed to Abramovich will be handled.
Despite the Oligarch’s insistence that he does not want the debt repaid, the government is said to be concerned that he may change his mind later and demand the money.
That looks to have been settled today, allowing Boehly’s consortium to complete their takeover by the end of the month.
Thomas Tuchel revealed earlier this month that the off-field controversy has impacted his team’s performance.
Chelsea have been knocked out of three tournaments in recent months, putting their spot in the top four in jeopardy, and manager appear Mourinho claims it was inevitable that his team would become distracted.
Tuchel started earlier in May, “I don’t think there’s any sense in hiding from the fact that it is a distraction.”
“It’s a question of how high we can still perform despite being distracted, scared, or handicapped.
We’re the only club in the world suffering like this right now, and possibly the first. It’s a one-of-a-kind and demanding situation. Naturally, everyone wants it clarified.
These are all positive developments.
“We’ve been waiting for it for a long time because as a club, we require positive energy and a competitive environment. That is why things must go forward.”