UK government signs off sale of Chelsea FC

The sale of Chelsea Football Club by Russian billionaire Roman Abramovich is going ahead, the BBC reports.

The club is to be bought for £4.25bn by a consortium led by US investor Todd Boehly.

The UK government said it had issued a license permitting the sale, because it was satisfied this would “not benefit Roman Abramovich or any other sanctioned individual.”

Abramovich was among the Russian businessmen sanctioned after Russia launched a military operation in Ukraine.

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