[ad_1]
British businessman Nick Candy has said he will give a Chelsea supporter a seat on the board if he buys the club from Roman Abramovich and has offered to help fund the Premier League side while their owner is subject to UK sanctions.
Abramovich had his British assets – including Chelsea – frozen by the government as part of its response to Russia’s invasion of Ukraine.
The move put the club’s sale on hold.
Candy’s interest in going ahead with a takeover bid was set out last week.
The freezing of Abramovich’s assets halted the sale process on Thursday while answers were sought from the government about the implications of the sanctions.
Action taken against Abramovich is intended to stop the Russian making money from Chelsea.
The government is open to considering an addition to the special licence it granted the club that would allow a sale to go ahead. However it has not been granted yet.
More to follow.
[ad_2]
Source link
