Daily Mirror (Northern Ireland)

Q& A INTO THE CHELSEA TAKEOVER

HOW WAS THE SALE COMPLETED?

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THE UK Government added the final touches to Boehly’s takeover of the Stamford Bridge club on Tuesday night before confirming the issuing of a new licence yesterday morning to allow the 48-year-old’s consortium to complete the westlondon club purchase.

WHY DID THE GOVERNMENT HAVE TO GET INVOLVED?

RUSSIAN-ISRAELI billionair­e Roman Abramovich was sanctioned by Downing Street on March 10, with the UK Government claiming to have proven his links to Russian president Vladimir Putin amid the war in Ukraine. Abramovich’s UK assets have been frozen ever since, apart from Chelsea, with the Blues only able to operate under a strict temporary licence until the sale was completed.

WHAT WILL HAPPEN TO THE SALE MONEY?

THE Government has confirmed the £2.5billion sale proceeds will be “used for humanitari­an causes in Ukraine.” Abramovich has already tasked former UNICEF UK executive director Mike Penrose with setting up an independen­t charitable foundation, insisting the sheer scale of investment could “change the face of humanitari­an aid”. The £2.5bn sale price will purchase the shares in the club. The other £1.75bn is earmarked for the benefit of the club, to include investment­s in Stamford Bridge, the academy, the women’s team and Kingsmeado­w, and continued funding for the Chelsea Foundation.

WHAT HAVE BEEN THE HOLD-UPS?

ABRAMOVICH has loaned Chelsea £1.5billion, and pledged to write off that debt when putting the club up for sale on March 2. The government has demanded extensive oversight on those plans, given the conditions of the sanctions. Abramovich and his lawyers were eventually able to alleviate government concerns about that write-off process though.

WHO IS TODD BOEHLY?

CHELSEA’S new controllin­g owner is the co-founder of Eldridge Industries, a financial firm based in Connecticu­t. The US billionair­e owns a stake in the Los Angeles Dodgers baseball franchise, and will now head up the Blues’ new ownership. Swiss tycoon Hansjorg Wyss (right),

Clearlake Capital investment firm and Boehly’s fellow Dodgers co-owner Mark Walter are the other main players in the consortium. Co-founder Behdad

Eghbali will take the lead on Chelsea matters for California firm Clearlake.

WHAT ARE THE TOP PRIORITIES NOW?

BOEHLY has already had initial meetings with men’s and women’s coaches Thomas Tuchel and Emma Hayes, but he will want to follow up and thrash out planning for the short, medium and long term. The double-winning women’s team have most of the building blocks in place for next term, but the men’s team requires some rapid recruitmen­t work.

SO WHAT ARE THE PRIORITIES ON THE PITCH FOR THE TEAM?

CHELSEA need at least one senior centre-back to be recruited, with Sevilla’s Jules Kounde likely to be headed to Stamford Bridge. Both Antonio Rudiger and Andreas Christense­n are leaving west London however, so the Blues will cast their eyes around for another top-level defensive addition too. The futures of Cesar Azpilicuet­a and Marcos Alonso must be resolved, with both drawing strong interest from Barcelona. And Chelsea must weigh up whether to stick with their existing roster of forwards, or make several sales to free up funding and places for further new arrivals.

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