The Department for Culture, Media and Sport has confirmed Chelsea are no longer subject to UK government sanctions following the club's sale to a consortium led by Todd Boehly.
The government has also announced it has received assurances the takeover will not financially benefit Roman Abramovich or any other individual targeted by sanctions in the aftermath of Russia's invasion of Ukraine.
On Monday, the Blues announced the conclusion of the long-running takeover saga surrounding the club, with a group led by Los Angeles Dodgers part-owner Boehly and involving Clearlake Capital acquiring the Stamford Bridge outfit.
Chelsea were originally granted a special licence to allow them to finish the 2021-22 season after measures against Abramovich were announced in March.
But with the Russian having officially concluded his time at Stamford Bridge, the club is now free to conduct business without restrictions once more.
"Today's change of ownership marks a new chapter for Chelsea Football Club in the best interests of its fans, the club and the wider football community," a government spokesperson said.
"The club is now no longer subject to the sanctions imposed on Roman Abramovich, an individual who has enabled Putin's brutal and barbaric invasion of Ukraine.
"Since sanctions were imposed on Abramovich on 10 March, we have worked tirelessly to ensure the club can continue to play football, while maintaining the integrity of our sanctions regime.
"Chelsea's long-term future is now secured, and binding commitments have been received which ensure sanctioned individuals cannot financially benefit from the sale. The government retains control to ensure that this is the case.
"We have begun the process of ensuring the proceeds are used for humanitarian purposes in Ukraine that result from Russian aggression. Further details will be set out in due course.
"I personally want to thank ministers and officials in the British government, and the Premier League, for all their work in making this happen."
Nashville SC v San Jose Earthquakes: ‘A win would change everything’ - Godoy
Anibal Godoy insists that Nashville are already looking at their game against San Jose Earthquakes on Saturday as a must-win.
Nashville have won just once in the MLS this season and sit in 14th place in the Eastern Conference after a run of four without a win.
The Earthquakes, meanwhile, are bottom of the Western Conference having lost eight of their matches and recording just one win.
Godoy is aware of how their poor start to the season could affect their playoff hopes later down the line but is confident that Nashville can turn things around.
He said: “For us, it's an important week. It's a day we have to win, or we'll start to feel the pressure from other teams as they start to separate in the table.
“This league is long but if we want to get to the playoff you have to win games early on, especially at home.”
Liverpool agree compensation deal for Slot
Liverpool and Feyenoord have reached an agreement in principle over a compensation deal for Arne Slot to become the Reds’ manager next season, according to widespread Dutch media reports.
The Dutchman is reportedly poised to take over from Jurgen Klopp, who announced in January that he would be leaving the club at the end of the campaign.
Slot led Feyenoord to their second Eredivisie title last season after taking over the club in 2021.
It is believed that he topped the list of Liverpool’s favoured candidates due to his attacking playing style and ability to develop players.
Former Liverpool midfielder, Xabi Alonso, who led Bayer Leverkusen to their first Bundesliga title, and Sporting CP’s Ruben Amorim were also reported contenders to take over from Klopp.
Slot had already confirmed his interest in managing in the Premier League, both earlier this week and previously when he was linked to Tottenham in 2023.
QPR 4-0 Leeds United: Shock loss for Farke's men seals Leicester's promotion
QPR thrashed Leeds United 4-0 in the Championship on Friday, ensuring Leicester City booked their promotion straight back to the Premier League.
Ilias Chair was the star for the Hoops as he scored the opener and assisted two more goals to ensure QPR will stay in the Championship for another season.
Lucas Andersen, Lyndon Dykes and Sam Field also got their names on the scoresheet in an emphatic win for Marti Cifuentes' side.
Leeds' heaviest defeat of the season was a huge blow in the race for an automatic promotion spot, with Ipswich Town just one point behind them in third place with two games in hand going into their away clash against Hull City on Saturday.
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