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Concerns over the\u00a0Chelsea\u00a0takeover appear to have eased after a legal resolution was reportedly found over a potential stumbling block to the deal, which is now on the verge of being approved.<\/p>\n
A consortium led by US investor Todd Boehly have agreed terms on a \u00a34.25billion takeover to end the\u00a0Roman Abramovich\u00a0era.<\/p>\n
But there had been ‘alarm’ among Government ministers that the deal may be at risk of ‘falling apart’ over the oligarch’s alleged ‘refusal to agree’ to a proposed sale structure.\u00a0<\/p>\n
With the final deadline for an agreement to go through a fortnight away, negotiations looked to have hit another snag over the \u00a31.6billion owed by Chelsea’s parent company, Fordstam Ltd, to Jersey-registered Camberley International Investments, a company with suspected links to Abramovich.\u00a0<\/p>\n
But\u00a0The Times, citing a source close to Abramovich, reports the Russian oligarch insisted on Tuesday evening that lawyers have arrived at a solution which should satisfy Government officials.<\/p>\n
The Government can now allow the deal to go through as a result of the resolution being found.<\/p>\n
Source: Dailymail.co.uk<\/span><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n Featured Video\n<\/p>\n
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