Chelsea have been “told” that a sale of the club must be agreed before the UK government’s licence runs out on May 31st, according to The Sun.
After taking over the ownership of the club from Roman Abramovich, a special licence was issued allowing the Blues to play until the end of the season.
This licence can also be used to help a sale go ahead, but the UK government have made it clear that Abramovich cannot make any money from the deal.
If the sale isn’t approved before May 31st, this licence won’t be renewed so there is a danger of Chelsea falling into administration.
The Blues are still able to receive money from broadcast rights, but they are not allowed to take prize money (such as from the Champions League) and, with no revenue from tickets or merchandise either, there is a big black hole in the club’s finances.
All of this places greater urgency on the club being sold as quickly as possible before the 80 days are up.
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