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Premier League approves Chelsea takeover

:Headline: Premier League approves Chelsea takeover:
The Premier League says that it has approved the proposed takeover of Chelsea, which would see a consortium headed by Todd Boehly replace Roman Abramovich.
Sports Mole

Chelsea have moved closer to a change of ownership after the Premier League announced that it had approved Todd Boehly's takeover.

With a May 31 deadline now just a week away, everyone involved in the deal are under pressure to make a takeover official, aware that Chelsea risk entering administration or failing to secure a Premier League licence if the necessary progress is not made.

On Monday, a report suggested that 'a number of hurdles' must still be overcome to complete a deal, but one of those potential obstacles disappeared on Tuesday.

The Premier League says that a consortium headed by American Boehly has passed their Owners' and Directors' Test, a development which will only increase the optimism around the deal.

A statement read: "The Premier League Board has today approved the proposed takeover of Chelsea Football Club by the Todd Boehly/Clearlake Consortium.

"The purchase remains subject to the Government issuing the required sale licence and the satisfactory completion of the final stages of the transaction."

With Chelsea unable to sign, sell or negotiate contracts, head coach Thomas Tuchel has promised to be decisive in the transfer market once given the green light by the relevant authorities. body check tags ::

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Premier League Table
TeamPWDLFAGDPTS
1Arsenal28204470244664
2Liverpool28197265263964
3Manchester CityMan City28196363283563
4Aston Villa29175760421856
5Tottenham HotspurSpurs28165759421753
6Manchester UnitedMan Utd28152113939047
7West Ham UnitedWest Ham2912894650-444
8Brighton & Hove AlbionBrighton2811985044642
9Wolverhampton WanderersWolves28125114244-241
10Newcastle UnitedNewcastle281241259481140
11Chelsea27116104745239
12Fulham29115134344-138
13Bournemouth2898114152-1135
14Crystal Palace2878133348-1529
15Brentford2975174154-1326
16Everton2887132939-1025
17Luton TownLuton2957174260-1822
18Nottingham ForestNott'm Forest2967163551-1621
19Burnley2945202963-3417
20Sheffield UnitedSheff Utd2835202474-5014
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