MX23RW : Thursday, November 21 10:28:09| >> :120:51506:51506:

Chelsea 'have hurdles to overcome to complete takeover'

Chelsea 'have hurdles to overcome to complete takeover'
© Reuters
Chelsea must reportedly 'overcome a number of hurdles' if they are to have their takeover completed by the end of the month.

A number of hurdles must reportedly be overcome if Chelsea's takeover is to be made official by the end of the month.

With a special government licence due to expire on May 31, the Premier League club want a consortium headed by Todd Boehly to be confirmed as the next incumbent after Roman Abramovich as soon as possible.

According to BBC Sport, the government may be in a position to approve the sale as early as Tuesday, something which would represent a huge boost to all involved.

However, the same report quotes a source as saying that "nothing is simple", the outlet adding that Abramovich's Portuguese passport means that the takeover must be licensed in that country as well as England.

A source said: "Everyone wants to get the deal done, but with the complicated nature of the deal and the Chelsea ownership structures, nothing is simple.

"We are working hard to assure our international partners who rightly want their own assurances on this deal and of course how the proceeds will eventually be spent.

"Time is rapidly running out, this deal has to get done by the end of Tuesday, otherwise major football deadlines may be missed and the club will be at risk."

Should a deal not be finalised by May 31, Chelsea face the risk of administration and not fulfilling the criteria required to remain in the Premier League.

On Sunday, head coach Thomas Tuchel admitted that he will aim to be decisive in the transfer market if a takeover goes through as anticipated.

ID:486553:1false2false3false:QQ:: from db desktop :LenBod:collect2395:

Chelsea up for sale - Click here for more stories

Click here for more stories about Todd Boehly

Click here for more stories about Chelsea

Collect / Create New Data
Share this article now:
General view of Chelsea's Stamford Bridge taken April 2018
Read Next:
Chelsea takeover 'to be completed this week'
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free daily transfer newsletter! Sent twice a day during the transfer window.
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool119112161528
2Manchester CityMan City117222213923
3Chelsea115422113819
4Arsenal115421812619
5Nottingham ForestNott'm Forest115421510519
6Brighton & Hove AlbionBrighton115421915419
7Fulham115331613318
8Newcastle UnitedNewcastle115331311218
9Aston Villa115331717018
10Tottenham HotspurSpurs1151523131016
11Brentford115152222016
12Bournemouth114341515015
13Manchester UnitedMan Utd114341212015
14West Ham UnitedWest Ham113351319-612
15Leicester CityLeicester112451421-710
16Everton112451017-710
17Ipswich TownIpswich111551222-108
18Crystal Palace11146815-77
19Wolverhampton WanderersWolves111371627-116
20Southampton11119721-144


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!