Chelsea FC news LIVE updates: Club set to receive £30 million boost and fans given ticket update after license altered

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Roman Abramovich makes ‘incredibly difficult decision’ to sell Chelsea

While the sale of Chelsea FC continues the club have been given a boost after the UK Government amended its special operating license. The alteration will now allow Chelsea to sell tickets to away matches, cup games and women’s fixtures provided the club does not receive any revenue.

This means Chelsea fans will be able to attend the club’s Champions League quarter-final against Real Madrid and FA Cup semi-final with Crystal Palace at Wembley. The Premier League have said the revenue generated by ticket sales, which would normally have gone to the club, will be donated to war victims in Ukraine.

The Government will now also allow Chelsea to receive £30 million from its parent company, Fordstam, to allow the club to remain afloat following the sanctioning of owner Roman Abramovich and while the Premier League side is sold.

Raine Group, who are overseeing the process of selling Chelsea, have compiled a shortlist of three preferred offers and although the various interested parties had expected to receive word on whether they had made the cut early this week, the complexity of the deal and information involved has meant more time is needed.

Todd Boehly and Chicago Cubs owners the Ricketts family are among the frontrunners to take over – although a supporters group have expressed their distaste at the Ricketts bid.

Follow all the latest Chelsea takeover news below:

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Chelsea given green light to sell tickets for away games and cup matches

The UK Government has amended the general license granted to Chelsea by announcing the club will now be allowed to sell tickets to away games and cup matches.

But the Government has now put in place a special dispensation for away fans, cup games and women’s fixtures provided Chelsea do not receive any revenue.

Sports Minister Nigel Huddleston said: “The Government has today made alterations to the license to Chelsea Football club so that fans will be able to access tickets to away matches, cup games and women’s fixtures.

jack ratborn24 March 2022 07:53

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Chelsea fans told Ricketts family are ‘decent people’ committed to diversity

Muslim community leaders in Chicago have called on Chelsea fans to reject cancel culture and embrace “decent man” Tom Ricketts and his bid to buy the Blues.

Chicago Cubs owners the Ricketts family are among the suitors locked in the bidding process to succeed Roman Abramovich as Chelsea owner.

Chelsea fans have voiced their concerns via the social media hashtag ‘NoToRicketts’, while also raising issues with the club, though Joe Ricketts has no role at the Cubs nor in the bid to buy the Blues.

jack ratborn24 March 2022 07:47

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Chelsea ticket money to go to Ukraine victims

A Premier League spokesperson confirmed: “The revised license allows fans to attend Chelsea FC games; Chelsea fans to travel to away Premier League fixtures and Chelsea fans to attend the FA Cup, Uefa Champions League and WSL games. The Premier League will receive and hold any revenue from the sale of these tickets that would normally have gone to Chelsea. Chelsea have requested and the Premier League agreed that this revenue will be donated to charity to benefit victims of the war in Ukraine. The beneficiary charities will be announced in due course after consultation with the club.”

Jamie Braidwood23 March 2022 21:08

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Chelsea fans told Ricketts family are ‘decent people’ committed to diversity

Muslim community leaders in Chicago have called on Chelsea fans to reject cancel culture and embrace “decent man” Tom Ricketts and his bid to buy the Blues.

Chicago Cubs owners the Ricketts family are among the suitors locked in the bidding process to succeed Roman Abramovich as Chelsea owner.

Family patriarch Joe Ricketts was accused of Islamophobia in 2019, calling Muslims “my enemy” in leaked emails.

Chelsea fans have voiced their concerns via the social media hashtag ‘NoToRicketts’, while also raising issues with the club, though Joe Ricketts has no role at the Cubs nor in the bid to buy the Blues.

Ahmed Rehab from the Council on American-Islamic Relations (CAIR) has hailed Tom Ricketts’ response to the 2019 scandal, and has now urged Chelsea supporters not to write off the Cubs’ owner’s candidacy.

Jamie Braidwood23 March 2022 20:55

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Chelsea given green light to sell tickets for away games and cup matches

The amendment means Chelsea fans will be able to purchase tickets to future Premier League away fixtures, with revenue going to the home club.

Visiting fans will also be able to buy tickets for Chelsea’s remaining Premier League home fixtures, with the money going to the Premier League.

For future FA Cup and Champions League matches, fans will be able to purchase tickets with revenue collected by the relevant competition organizer or home club.

The Government has made an exception for Women’s Super League fixtures to allow fans to purchase home as well as away tickets, due to the risk of the matches being played in front of empty stands.

Jamie Braidwood23 March 2022 20:16

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Chelsea given green light to sell tickets for away games and cup matches

The UK Government has amended the general license granted to Chelsea by announcing the club will now be allowed to sell tickets to away games and cup matches.

The Blues were banned from selling tickets after owner Roman Abramovich was sanctioned for his links to Russian president Vladimir Putin.

But the Government has now put in place a special dispensation for away fans, cup games and women’s fixtures provided Chelsea do not receive any revenue.

Sports Minister Nigel Huddleston said: “The Government has today made alterations to the license to Chelsea Football club so that fans will be able to access tickets to away matches, cup games and women’s fixtures.

“I would like to thank fans for their patience while we have engaged with the football authorities to make this possible.

“Since Roman Abramovich was added to the UK’s sanctions list for his links to Vladimir Putin we have worked extensively to ensure the club can continue to play football while ensuring the sanctions regime continues to be enforced.”

Jamie Braidwood23 March 2022 20:07

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Chelsea fans given ticket boost as club allowed to sell tickets

Chelsea fans are set to be able to attend the club’s Champions League quarter-final against Real Madrid and FA Cup semi-final against Crystal Palace after the UK Government made alterations to its operating license.

The club are now allowed to sell tickets but are unable to receive money due to the sanctions placed on Roman Abramovich.

A statement from the sports minister Nigel Huddleston confirmed: “The Government has today made alterations to the license to Chelsea Football Club so that fans will be able to access tickets to away matches, cup games and women’s fixtures.

“I would like to thank fans for their patience while we have engaged with the football authorities to make this possible.”

Jamie Braidwood23 March 2022 19:34

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FA ‘working with government’ to allow Chelsea to sell tickets for cup semi-final

Chelsea can now expect to have full support at their FA Cup semi-final against Crystal Palace.

“We hope to have sell-out crowds at both of our Emirates FA Cup semi-finals at Wembley Stadium,” an FA spokesperson said.

“This includes tickets for Chelsea supporters for their match against Crystal Palace, and we are working with the Government on a method to achieve this whilst respecting the sanctions that are currently in place on Chelsea.”

Michael Jones23 March 2022 19:02

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US-Saudi investor Amr Zedan, owner of the Medina Spirit, bids for Chelsea

The owner of disqualified Kentucky Derby winner Medina Spirit is among the bidders for Chelsea as part of the accelerated search for a new owner, a person with knowledge of the process told The Associated Press.

Amr Zedan, a Los Angeles-born Saudi investor, has registered his bid with the Raine Group — the bank overseeing the sale of the reigning European and world champions, the person said. They spoke on condition of anonymity because they were not authorized to discuss the bid publicly.

Zedan is chairman of the Zedan Group, which is involved in the energy and petrochemical sectors in Saudi Arabia and features the Zedan Racing Stables. He is married to Princess Noor Bint Asem of Jordan.

He joins a list of at least six publicly disclosed bidders for the west London club and Zedan, who is also chairman of the Saudi Polo Federation, is working on securing further financing.

Zedan has not been linked to the doping scandal that saw Medina Spirit test positive after the Kentucky Derby last May for a steroid, betamethasone, that is legal in Kentucky but banned on race day. The positive test threw the world’s best-known horse race into turmoil and cast an unflattering spotlight on trainer Bob Baffert.

Michael Jones23 March 2022 18:43

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Chelsea takeover: Nick Candy ‘significantly’ increases bid for club

Nick Candy has “significantly” increased his bid to buy Chelsea, a spokesperson for the British property tycoon confirmed.

Chelsea fan Candy has secured further funding through another South Korean financial backer, allowing the 49-year-old to submit an improved offer for the Stamford Bridge club.

Candy added South Korean investors Hana Financial Group and C&P Sports Group to the bid he submitted to New York bank Raine Group on Friday.

But the London billionaire has now further strengthened his hand, in the hope of pushing onto the shortlist of preferred bids being compiled by Raine.

Michael Jones23 March 2022 18:27

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www.independent.co.uk

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George Holan

George Holan is chief editor at Plainsmen Post and has articles published in many notable publications in the last decade.

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