The future of Chelsea Soccer Club looks assured, with the London Club announcing its new owners today. Following the freezing of the assets of former owner, Russian oligarch Roman Abramovich, on hi…
Following the freezing of the assets of former owner, Russian oligarch
“Of the total investment being made, £2.5 billion will be applied to purchase the shares in the Club and such proceeds will be deposited into a frozen UK bank account with the intention to donate 100% to charitable causes as confirmed by Roman Abramovich. UK Government approval will be required for the proceeds to be transferred from the frozen UK bank account.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chelsea Soccer Club Bought by Todd Boehly-Led Group in $5 Billion Deal, Ending Abramovich EraA consortium led by Todd Boehly has struck a deal reportedly worth £4.25 billion ($5.24 billion) to acquire top English Premier League soccer club Chelsea FC, one of the highest price tags ever agr…
Read more »
Chelsea confirm agreement of Boehly-led partnership to buy British clubStatement confirmed all proceeds would be placed in a frozen UK bank account and Russian owner Roman Abramovich, who is currently subject to sanctions by the British government, would donate all of the proceeds to charitable causes.
Read more »
Chelsea Football Club confirms terms for sale to Boehly-led groupThe anticipated sale of the Chelsea Football Club has been confirmed and would be the most ever paid for a professional sports team.
Read more »
Conservative youth club slams University of South Carolina over 'White Student Accountability Group' meetingA meeting of the 'White Student Accountability Group' at the University of South Carolina elicited the ire of a conservative youth group.
Read more »
Five Places to Join the Mile High Club in DenverIt's not the altitude, it's the attitude.
Read more »