Former Unicef chief BEGS the government to approve Chelsea takeover

‘Lives are at stake’: Former Unicef chief BEGS the government to allow Roman Abramovich’s £5.25bn Chelsea sale to go throughand hand £2.5bn to a Ukraine foundation he will leadamid fears the takeover will fail

  • An ex-Unicef chief has pleaded wit the government to allow the sale of Chelsea
  • It emerged on Monday that the deal with the US consortium was put in doubt
  • Roman Abramovich is refusing to accept a sale structure from the government
  • Ministers are proposing for the proceeds to be placed into a holding account
  • Abramovich wants his £1.6bn loan to go to Camberley International Investments
  • He then plans for it to go to the foundation, but the delay is a major concern
  • It’s claimed Todd Boehly’s £4.25bn deal will be signed off by the Premier League
  • A former Unicef chief executive has begged the government to approve Todd Boehly’s £4.25billion takeover of Chelsea and insisted 오늘 함부르크 항구의 Blohm and Voss 부두에 숨겨져 있습니다. will not benefit amid concerns the deal could collapse.

    A consortium led by the US investor have agreed terms to end the Abramovich era at Stamford Bridge but there was ‘alarmamong ministers on Monday that the deal was at risk of ‘falling apartover the oligarch’s alleged ‘refusal to agreeto a proposed sale structure.

    With the final deadline for a deal to go through a fortnight away, negotiations hit another snag over the £1.6bn owed by Chelsea’s parent company, Fordstam Ltd, to Jersey-registered Camberley International Investments, a company with suspected links to Abramovich.

    The government say they have been ‘clear all alongthat they will not countenance any deal that could possibly see some money end up in Abramovich’s pocket.

    Former Unicef UK executive director Mike Penrose has been tasked with forming the new independent foundation to which owner Abramovich wants to donate all proceeds from the Blues’ 판매.

    And he has now called on the government to allow the takeover to progress, insisting ‘lives are at stakeas the brutal conflict rumbles on.

    He also insists he would never have taken on the role if Abramovich or his associates were able to influence the charity when it is eventually formed.

    Todd Boehly’s £4.25bn Chelsea purchase is reportedly to be approved by the Premier League

    The takeover was back in doubt on Monday with Roman Abramovich refusing a sale structure

    The takeover was back in doubt on Monday with Roman Abramovich refusing a sale structure

    Penrose has submitted a ‘scoping documentto the government, outlining plans for ‘the world’s biggest humanitarian or conflict-affected charityand how it will run.

    He insisted he has never had direct contact with Abramovich, and revealed legal undertakings to ensure neither Chelsea nor the Bluescurrent owner could ever benefit from the funds intended for the foundation.

    Penrose said: ‘The only thing between this becoming a reality and now, is politics.

    ‘I have absolutely no interest in the politics of the sale. I have no interest in the politics of the government. If politics gets in the way, then that is to me almost criminal, 정말이야.

    ‘I’ve written into the document that’s gone to the government that no-one who has ever been associated with the club, associated with the owner, can or will ever receive financial benefit.

    ‘And that would go into the articles of association of the foundation. That’s written into the document that’s now in the hands of the government.

    ‘I’ve written an overview, a scoping document on the foundation, on what we want to achieve, and an initial budget to set the thing up, and get it running and allocating money.

    Ex-Unicef chief executive Mike Penrose (왼쪽) has promised Roman Abramovich won't benefit

    Ex-Unicef chief executive Mike Penrose (왼쪽) has promised Roman Abramovich won’t benefit

    ‘I’d like to say I was confident, but I’m nervous about the politics of it all.

    ‘I’ve spent my entire life in humanitarian aid, and I’m very worried that what might come out of this is politics over decent humanitarian action.

    ‘But on the other hand I also hope that this government sees the opportunity that it has here. The government could create the world’s leading humanitarian foundation.

    ‘And I’m prepared to stand up in front of any government committee, 패널, 움직임을 '작은 일'로 설명했습니다., and attest to the neutrality of how this is being created.

    ‘I hope they see fit to allow it to go ahead, and I hope they allow us to get the money to the front line in Ukraine very quickly.

    According to The Telegraph, Boehly’s bid is expected to be approved by the Premier League this week.

    It’s claimed that confirmation that the takeover has successfully passed the league’s much-maligned owners’ and directors’ test is due to arrive ‘imminentlybut the bid will still need government sign off.

    Abramovich wants his loan to Chelsea's parent company Fordstam to be repaid to Camberley International Investments

    Abramovich wants his loan to Chelsea’s parent company Fordstam to be repaid to Camberley International Investments

    It’s understood ministers proposed that funds from any sale would be kept in a holding account, and released only once they are satisfied the money can go to a foundation to help victims of the Ukraine war.

    Abramovich recently denied he was going back on a pledge to write off the debt but on Monday a government source suggested that ‘despite committing to all proceeds going to good causes in public, Abramovich seems unwilling to give the same legal commitments.

    A government source added: ‘Two big sticking points remainwhere exactly the proceeds of the sale will be held, and what legal guarantees government will be given about the money going to good causesa deal which would allow the cash to be diverted during the deal would be a breach of sanctions and is seen as a red line for ministers.

    Chelsea are operating under a special licence after Abramovich was sanctioned following the invasion of Ukraine, over his alleged links to Russian president Vladimir Putin.

    That licence expires on May 31, with any deal requiring sign-off from ministers and the football authorities.

    Chelsea are operating under a special licence after Abramovich was hit by sanctions

    Chelsea are operating under a special licence after Abramovich was hit by sanctions

    A government source said they will continue to talk and work through the complexities of the takeover.

    But there is now ‘quite serious concern in government that the deal may fall apart and that Roman Abramovich is ultimately willing to let Chelsea go under.

    They added that ‘a good chunk of the saleneeds to be completed this week or next, with deadlines looming ‘which would either see the club booted out of European competition or the Premier League entirely.

    할 수있다 31 is also the final day for the club to be registered for European competitions next season, while the Premier League will meet in early June to grant clubs the licenses required to play next season.