The Premier League Board has approved the proposed takeover of Chelsea Football club by the Todd Boehly / Clearlake Consortium.
However, the sale is not yet final, with the purchase still subject to the government issuing the required licence and the satisfactory completion of the final stages of the transaction.
But it is another major hurdle cleared, as the board has applied the Premier League's Owners' and Directors' Test (OADT) to all prospective directors and undertaken the necessary due diligence.
Chelsea FC will now work with the relevant governments to secure the necessary licences to complete the...
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