Twists, turns and tight deadlines: how Boehly’s Chelsea deal was done | Jacob Steinberg

One of many strangest, most politically charged episodes within the historical past of English soccer is lastly over – right here is the story of the way it all unfolded

Chelsea can lastly take into consideration the long run. One of many strangest, most unpredictable, most politically charged episodes within the historical past of English soccer is lastly over. Roman Abramovich has left the constructing and Todd Boehly’s consortium has taken control of Chelsea after the UK authorities granted permission for the £4.25bn takeover to undergo with per week to go earlier than the membership’s particular working licence was because of expire.

That date, 31 Could, had loomed massive within the diary. It felt fraught with hazard when authorities sources advised the deal was in peril of collapsing due to fears that Abramovich wished to renege on his promise to put in writing off his £1.6bn mortgage to the membership. The wildest situations had Chelsea going bust in the event that they missed the sale deadline and, given all of the twists and turns over the previous three months, it was not all the time simple to be fully assured that the story was going to finish with Boehly’s group promising to present Thomas Tuchel vital funds to rebuild his squad.

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