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BREAKING NEWS: Government FINALLY issues licence to allow Roman Abramovich to sell Chelsea to American Todd Boehly after Premier League approved £4.25bn takeover

The Government has finally given the go-ahead of Todd Boehly's £4.25billion takeover of Chelsea.

The news comes after the Premier League board approved the proposed takeover of the Premier League by the Boehly/Clearlake Consortium.

Los Angeles Dodgers co-owner Boehly had already agreed a £4.25bn purchase of the Blues, with Roman Abramovich's ownership poised to end after 19 years.

A statement read: 'Last night the Government issued a licence that permits the sale of @Chelsea FC. Given the sanctions we placed on those linked to Putin and the bloody invasion of Ukraine, the long-term future of the club can only be secured under a new owner.