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Chelsea's takeover is ON: Government FINALLY issue a licence to allow sanctioned owner Roman Abramovich to sell the club to Todd Boehly after the Premier League approved American's £4.25bn deal

The Government have approved Todd Boehly's £4.25billion Chelsea takeover.

Following on from Tuesday night's statement from the Premier League confirming they have given the sale the green light - Whitehall have now followed suit. They are satisfied 'that the full proceeds of the sale will not benefit Roman Abramovich or any other sanctioned individual.'

A statement read: 'Late last night the UK Government reached a position where we could issue a licence that permits the sale of Chelsea Football Club.

'Following the sanctioning of Roman Abramovich, the Government has worked hard to ensure Chelsea Football Club has been able to continue to play football.