- Government satisfied no proceeds will go to Abramovich
- Consortium led by Todd Boehly seals £4.25m takeover
The £4.25bn takeover of Chelsea football club has been completed after Roman Abramovich agreed to the UK government’s terms for the sale, ending a tumultuous period that raised fears over the club’s existence.
Nadine Dorrie, the culture secretary, said the UK government issued a licence on Tuesday night that permits the sale of Chelsea.