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25th May 2022
07:43am BST

“Following extensive work, we are now satisfied that the full proceeds of the sale will not benefit Roman Abramovich or any other sanctioned individual. We will now begin the process of ensuring the proceeds of the sale are used for humanitarian causes in Ukraine, supporting victims of the war.
“The steps today will secure the future of this important cultural asset and protect fans and the wider football community. We have been in discussions with relevant international partners for necessary licences required and we thank them for all their cooperation.”
The Evening Standard reports that the Boehly-led consortium is optimistic the process of buying the club can be wrapped up before the May 31 deadline set by the government. The Russian billionaire had owned Chelsea since 2003, but was ordered to sell up after he was hit with sanctions by the UK government following Russia's invasion of Ukraine. The club has been up for sale since the start of March. During his tenure, Chelsea won 21 trophies, including five Premier League titles, two Champions Leagues and the Club World Cup. Related links: