There are conflicting reports over the status of the deal to sell the Premier League giants
Lawyers for Russian billionaire Roman Abramovich believe they have found a solution to a legal wrangle with the UK government holding up the sale of Chelsea football club, although a definitive agreement is yet to be reached, according to reports.
Chelsea announced earlier this month that terms had been agreed for a sale to a consortium led by US financier Todd Boehly, who has since been pictured at the club’s Stamford Bridge stadium and visiting the team’s training base.
The £4.25 billion ($5.3 billion) sale will include Boehly and his partners paying around £2.5 billion to buy the club, with the promise of a guaranteed £1.75 billion investment in its future development.
After being sanctioned by the UK government back in March, Abramovich is not allowed to benefit in any way and has publicly pledged that any proceeds will go to the victims of the…