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FT: Chelsea sale decided for approval after Abramovich meets "red lines"

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The 4.25. XNUMX billion Chelsea sale by Roman Abramovich to a consortium led by US financier Todd Boehly will be signed by the government, according to the Financial Times.

It comes after weeks of talks to ensure the oligarch, who was sanctioned after the Russian occupation of Ukraine, did not profit from the sale.

Officials close to the negotiations said Abramovich had met the government's "red lines" for the sale and that they expected it to be approved in London overnight, the newspaper reported.

An official close to the negotiations said frantic talks between Chelsea, Abramovich, Brussels and Lisbon were underway to finalize the deal.

Earlier this month, the oligarch insisted that his position for the sale of Chelsea was unchanged and described the allegations that he had asked for a 1.5 XNUMX billion loan to return as "completely false".

Abramovich put Chelsea up for sale on March 2 due to the Russian occupation of Ukraine, reports Sky News./KP