Chelsea Now Permitted To Sign And Sell Players In Summer Transfer Window After Takeover

Chelsea can sign and sell players in the summer transfer window after Todd Boehly's  £4.25 billion takeover signaled the end of sanctions imposed on the club.
Chelsea Now Permitted To Sign And Sell Players In Summer Transfer Window After Takeover
Chelsea Now Permitted To Sign And Sell Players In Summer Transfer Window After Takeover /

Chelsea manager Thomas Tuchel can finally start planning for the future after the club's takeover led by Todd Boehly was completed on Monday.

Boehly and his consortium committed £4.25 billion to take control of the club from former owner Roman Abramovich.

The sale price was £2.5bn, while there is an agreement in place for £1.75bn to be invested over 10 years.

The Chelsea emblem pictured outside Stamford Bridge in 2022
Chelsea Football Club are under new ownership and no longer affected by sanctions imposed on Roman Abramovich by the UK government :: IMAGO/PA Images/Jonathan Brady

But Abramovich will not receive any of that £2.5bn himself - it will be donated to a new charitable foundation to help victims of the war in Ukraine.

Abramovich was sanctioned by the UK government on March 10 for his alleged links to Russia president Vladimir Putin.

As well as those sanctions making it impossible for Abramovich to profit from the sale of Chelsea, they also affected the day-to-day running of his club.

Chelsea were granted a special license to allow them to keep operating, but it came with significant conditions - including spending caps even restrictions on ticket sales.

As a consequence, Chelsea were not allowed to buy, sell or offer new contracts to any players.

But Monday's takeover means that the club can now resume normal operations.

Chelsea will be free to sell and sign players during the summer transfer window.

They can also now offer new contracts to Antonio Rudiger, Andreas Christensen and Charly Musonda. The three players have just over one month left on each of their current deals.

But it is understood that all three are still set to leave on free transfers this summer.


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Robert Summerscales
ROBERT SUMMERSCALES

Robert Summerscales launched FanNation Futbol in February 2022. Rob is a British journalist who previously spent two years on the sports desk at the Daily Mail in London, having earlier served as editor of CaughtOffside.com. He has been to the last two FIFA Men's World Cups, in Russia and Qatar, and is looking forward to completing his hat-trick in North America in 2026.