Sale of Chelsea thrown into doubt again but there is hope

A trip to Leicester City’s King Power Stadium to clash with the Foxes is the upcoming Chelsea fixture. This is usually an entertaining encounter; take it from someone who knows both clubs well. Leicester’s season derailed some time ago, in spite of a reprieve in the Europa Conference League via the Europa League. Sandwiched in between was another let down as chances of European qualification from the Premier League evaporated. Obviously the Foxes are no longer FA Cup champions either, but Blues fans won’t want to dwell on that.

All sorts of players are being linked to the Pensioners at present, as there is light at the end of the tunnel. That is despite sanctions not being lifted quite yet. Though at the end of the month, restrictions may be gone and transfers ready to be made. Some of the links to Stamford Bridge will make CFC fans light up with delight at the prospect of arrivals. Mouthwatering attacking targets are said to include the legendary Robert Lewandowski, who is at Bayern Munich, along with Juventus star Paolo Dybala. While defensive connections name Jules Kounde of Sevilla, Paris Saint-Germain man Presnel Kimpembe and the rated Jose Gimenez of Atletico Madrid. However, another issue has been alleged by football journalists, potentially jeopardising the deal with Todd Boehly’s consortium.

The sale of Chelsea has been thrown into doubt once again

Just when it felt safe for Pensioners supporters to sit back, put their feet up and light a cigar as they look ahead to a rejuvenating off-season with great signings aplenty, a further supposedly devastating development emerges. Oh dear. Hopefully this is a similar miscalculation or misrepresentation in some manner or other, as was the case when Roman Abramovich supposedly wanted a loan repaid.

Essentially what is happening now is a doubt over the proposed takeover by the American businessman et al., due to concerns over the legitimacy of assurances from Abramovich about where profits are truly destined for. Although, the Russian billionaire insist that proceeds will go to charity.

Evening Standard suggest that the correct legal or technical infrastructure is not in place to ensure funds go in the right direction, in the government’s view. The administration want an account in the form of escrow (third-party) to securely hold the money. This shall be done, apparently, so that Camberley or Fordstam won’t be able to access it; those companies are associated with Abramovich.

Completion of the sale to see Boehly acquire the West London outfit was said to be nearing the final stages. But the Blues faithful would have expected one more hiccup to materialise, unfortunately; financial matters on a massive scale are never simple, especially with govt. intervention.

Though following the dreaded, potential breakdown of an agreement or blockage from the powers that be, there is now more optimistic news circulating. “Sources close” to the buyout claim that the transaction remains set to be finalised with approval by May 31. That date signifies when the special licence supplied to CFC expires. It appears that cabinet are attempting to merely harness control over the distribution of said cash.