Chelsea agree sale terms

Chelsea have agreed sale terms with the Todd Boehly consortium. They will pay £4.25bn for the club and £2.5bn will go into a frozen bank account to be used for charity: https://www.bbc.co.uk/news/business-61360374

Clauses described as 'anti-Glazer causes' referring to the leveraged buy out of Manchester United have been inserted in the agreement.

These will stop the new owners from paying dividends or receiving management fees for a ten year period. There will also be a limit on the amount of debt the club can take on.

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The Political Economy of Football V2

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