Chelsea’s takeover continues to progress, but questions remain about what will happen to the proceeds of the sale if sanctions continue to be imposed on Roman Abramovich
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The question remains where the money from the sale of Chelsea could end up.
The club was put up for sale by Roman Abramovich after the Russian invasion Ukraine and the offers have now been reduced to just three prospects. Abramovich was also subject to sanctions imposed on him by the UK government, which means Chelsea cannot conduct financial transactions and must operate under a special license.
That leaves two likely options as to what will happen to the proceeds from the sale of the club. It comes as two of the prospects are said to be eyeing the purchase of another sports franchise.
Here are Mirror football latest Chelsea headlines.
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Tuchel’s warning for Man City
Manchester City have been warned by Chelsea striker Romelu Lukaku’s struggles since joining the club.
It is widely believed that Pep Guardiola’s side are close to signing Borussia Dortmund striker Erling Haaland to add a designated striker to their squad. A new striker was high on Thomas Tuchel’s wish list last summer and the club eventually brought Lukaku back to Stamford Bridge – although things haven’t gone as hoped.
And events could be a warning for City as they eye a new striker this summer.
A new priority results for two bidders
Two of the bidders, who are hoping to become the new owners of Chelsea, are also seeking a deal for the NFL side, the Denver Broncos.
Todd Boehly and Josh Harris are among the five groups who have entered the next phase of talks and are now expected to meet with the team’s management in early May. Progress is expected to be made towards the takeover of the Stamford Bridge outfit by then.
And that means one of the parties could have double cause for celebration at the end of the season.
Questions about the takeover remain
The question remains what will happen to the money from the Chelsea sale.
There are two likely scenarios as to what happens to the profits made: any surplus either goes to charities dedicated to the victims of the war in Ukraine, or is placed in an escrow account where it is frozen and kept for an indefinite period – maybe until Abramovich is no longer on the UK government’s sanctions list.
However, clarity should only come after the transaction has been completed.
https://www.mirror.co.uk/sport/football/news/chelsea-news-takeover-roman-abramovich-26748989 Chelsea News: Questions remain on sale as new priority for two bidders