• Loading stock data...
Wednesday, September 17, 2025

Chelsea FC Sale In Turmoil As Deadline Looms

Chelsea-FC
Chelsea FC

Chelsea FC’s temporary license to operate expires at the end of the month, and its $5.2 billion sale to a consortium led by U.S. billionaire Todd Boehly might be hitting a roadblock.

Bloomberg reported Monday that outgoing owner Roman Abramovich has had disagreements with the U.K. government — which has to approve the sale — over treatment of a roughly $1.9 billion loan Chelsea’s parent company Fordstam Ltd owes to Camberley International Investments, a Jersey-based company that reportedly has links to Abramovich.

The discord is reportedly delaying the sale’s completion.

Abramovich, who purchased the team for $233 million in 2003, has agreed to waive the debt and contribute it to a charitable foundation. A spokesperson for Abramovich previously denied claims he wanted it to be repaid.

  • Abramovich was sanctioned earlier this year for his ties to Vladimir Putin.
  • The Russian oligarch has a say in the sale’s fine print despite not being able to profit from it. 

But Sky News reported that Abramovich has not provided assurances that the money will go to charity, adding that he is refusing to accept a new sale structure proposed by ministers. 

Abramovich Not Concerned 

If Boehly’s purchase isn’t finalized by May 31 or the operating license isn’t renewed, the team risks not being able to play next season.

Sports Illustrated reported on Tuesday that the sale is still “on course” to be completed by that time, and a source close to Abramovich told PA Sport they are “not concerned about the situation.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Dexter Fowler Wants to Change the Narrative on Athlete Ownership

The former MLB All-Star owns a stake in Premier League team Bournemouth.
April 27, 2025; Anfield, Liverpool, BRITAIN; Liverpool player Mohamed Salah scores the fourth goal against the Tottenham Hotspur in a Premier League match.

Tottenham Hotspur ‘Not for Sale’ Amid Takeover Interest

Two groups made offers in just the last week.

Liverpool’s $598M Transfer Spree: End of the Title Race Already?

A deal for Swedish striker Alexander Isak highlights a record outlay.

Premier League Sets New Highs: $3.2B Spent, Record U.S. Viewership

The league’s transfer spending beats the rest of Europe’s Big Five combined.

Featured Today

Premier Lacrosse League

‘The Circus Is Coming to Town’: Why Upstart Leagues Start on Tour

In their ambitious plans, a traveling schedule is only temporary.
PHILADELPHIA, PENNSYLVANIA - APRIL 19: A detailed view of the MLB Debut patch on the jersey of Patrick Monteverde #44 of the Miami Marlins prior to game against the Philadelphia Phillies at Citizens Bank Park on April 19, 2025 in Philadelphia, Pennsylvania.
September 13, 2025

The Tiny Jersey Patch at the Center of the MLB Rookie Card..

Autographed cards containing a piece of baseball history have upended the market.
September 11, 2025

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.
September 10, 2025

ESPN’s ‘MNF’ Ratings Up 8% As NFL Surges to Strong Start

ESPN posts its second-best Week 1 “Monday Night Football” audience.

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.
June 25, 2025

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.