New update on Chelsea takeover situation before May 31 deadline

New update on Chelsea takeover situation before May 31 deadline

A new insight into Todd Boehly’s relentless efforts to complete his takeover of Chelsea Football Club was made available on Monday night.

The topic of the situation in the boardroom at Stamford Bridge has of course taken center stage in the headlines for some time.

This comes after Roman Abramovich was left with no choice but to find a way to sell his beloved Blues, following sanctions by the UK government following Russia’s invasion of Ukraine.

In turn, speculation spread widely, before a clear frontrunner finally appeared in the form of the aforementioned Boehly.

American businessman is understand signed a purchase agreement on May 7, after which most assumed an official announcement would be made shortly.

And yet, up to this point, there has been no confirmation of Boehly replacing Abramovich as owner of Chelsea.

New update on Chelsea takeover situation before May 31 deadline

Todd Boehly, Co-Founder, President and CEO, Eldridge, speaks during the Milken Institute Global Conference on May 2, 2022 in Beverly Hills, California. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON / AFP via Getty Images)

However, if the latest word coming out of the media on Monday night is anything to go by, the Blues persuaders fearing an unforeseen stumbling block to a deal need not worry. wonder.

According to a report from The Daily Telegraph’s reliable Matt Law, the ‘expectation’ remains that the change of hands at Stamford Bridge will finally be completed before the May 31 deadline begins.

Although ‘a few roadblocks’ have emerged, confidence remains on both sides of the equation that a formal takeover of Chelsea is imminent.

*Update* – Law’s insight into the situation was followed by further confirmation that Roman Abramovich has been fully licensed by the UK government to sell the club to Todd Boehly.

Barkley makes a difference

Of course, rumors of a club takeover getting closer and closer to completion of course come after what has proven an utterly disappointing season at Stamford Bridge coming to an end on Sunday night.

After welcoming Watford to west London for the 38th and final game of their Premier League tenure, the Pensioners took an early lead thanks to courtesy of Kai Havertz.

Then, after Dan Gosling equalized for Watford at the end of the game, an unexpected hero ensured that Tuchel’s men would at least end the campaign high, aided by an injury-time winner. now set a record:

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