EPL

Chelsea takeover poised to go through as Portugal approves sale of Premier League giants by Abramovich

By Sports Desk May 26, 2022

Chelsea moved a significant step closer to confirming new owners after the Portuguese government approved the sale of the club.

Such a deal required the green light from authorities in Portugal given that Russian oligarch Roman Abramovich, Chelsea's owner since 2003, also holds Portuguese citizenship.

The clearance was confirmed a day after the UK government said it was satisfied "the sale will not benefit Roman Abramovich".

Chelsea agreed to terms for the sale of the club to an ownership group led by Todd Boehly, Clearlake Capital, Mark Walter and Hansjorg Wyss for £4.25billion earlier in May. That deal was passed by the Premier League on Tuesday, pending governmental approval.

The UK government sanctioned Chelsea owner Abramovich due to his links to Russia's president Vladimir Putin following the invasion of Ukraine.

The Chelsea takeover promises investment of £1.75billion into the club, while proceeds of the sale are expected to be donated to victims in Ukraine.

Portugal's government said in a statement on Thursday morning that a decision had been reached in talks held the previous evening.

"Portugal gave authorisation, this Wednesday night, to the sale of Chelsea football club," the statement said.

"The two competent national authorities – the Ministry of Foreign Affairs and Ministry of Finance – gave the green light to the request received from Roman Abramovich for a humanitarian waiver, allowing the English club to be transacted.

"The Portuguese authorisation stems from the guarantee given by the British authorities that the proceeds from the sale will be used for humanitarian purposes, not directly or indirectly benefiting the owner of the club, who is on the European Union sanctions list. The national position has the agreement of the European Commission."

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  • Protest is needed – Tranmere vice-chair dismayed by scrapping of FA Cup replays Protest is needed – Tranmere vice-chair dismayed by scrapping of FA Cup replays

    A lower-league club boss has called for protests over the decision to scrap all FA Cup replays and warned the Premier League will “strangle” the pyramid without a strong independent regulator.

    Replays have been abolished from the first round onwards from next season as part of a minimum six-year agreement between the Football Association and the Premier League.

    The matches have long been a part of FA Cup tradition – with the first replayed final taking place in 1875 – and have in some cases been highly lucrative for lower-league clubs.

    It has long been expected that the expansion of UEFA club competitions would lead to their abolition at least from the third-round stage, but Tranmere vice-chair Nicola Palios fears this move could be the thin end of the wedge.

    “The FA and the Premier League have reached an agreement to suit themselves further at the expense of the rest of the football pyramid,” Palios posted on X.

    “Bring on the regulator and make sure it has some teeth before the Premier League strangle the pyramid.

    “Seven hundred and twenty-nine teams compete in the FA Cup. Why is its format being dictated by the Premier League who represent circa three per cent of them? Why were EFL clubs not given a say? Why is the EPL even dictating whether replays are allowed in rounds they don’t participate in? Protest is needed!”

    Next season’s domestic calendar – including the changes to the FA Cup – have been approved by the FA’s Professional Game Board, which includes EFL representation.

    The EFL has not yet commented on the matter.

    The agreement also includes fifth-round ties reverting to a weekend slot, having been played in midweek for the last five seasons. The FA Cup final will also now be played on the penultimate weekend of the Premier League season.

    FA chief executive Mark Bullingham insists the move, which will mean up to an extra £33million for the pyramid, strengthens the FA Cup.

    Andy Holt, the chairman of Accrington, wrote on X: “Why would the hapless FA scrap early-round replays that can be lucrative to minnows? A chance to change their financial fortunes? Against EFL clubs? I expect nothing less of Masters and co Premier League buying the game into a format that suits their needs.”

    Niall Couper, the chief executive of the Fair Game football reform group, described the move as “short-sighted” and as “another nail in the coffin for the already crumbling football pyramid”.

    FA sources have challenged the notion that replays are major revenue earners for lower-league clubs. Of the 19 third and fourth-round replays in the last 10 years where an EFL side was away, 12 had an attendance of over 25,000. Only a very small percentage of first and second-round replays over the same period achieved attendances of over 7,000.

    Nevertheless they remained popular among fans, with 69.5 per cent of those taking part in a Football Supporters’ Association survey last summer believing they are an important part of the FA Cup. The FSA, which had been involved in talks with the FA over the FA Cup’s format, has not yet commented.

    Freeing up first and second-round replay dates would help to create room for any expansion of the EFL Trophy, which has been under discussion between the Premier League and the EFL. The former is keen to give top-flight clubs’ young stars more opportunities to play in competitive matches.

    However, with talks over a new financial settlement between the EFL and the Premier League stalled, it is unclear when – or even if – such an expansion would take place.

    The Professional Footballers’ Association said the move highlighted the knock-on impact to domestic football of changes agreed at the international level.

    “What football needs is a collective approach to a properly thought-out global fixture calendar – not a fight for available dates,” PFA chief executive Maheta Molango said.

    “(The agreement) shows how decisions that are made at an international level have a knock-on impact which affects clubs, and players, throughout the pyramid.

    “The current unsustainable approach to the calendar needs to be seen as an issue for every club at every level if we want to continue to protect our domestic competitions.”

  • FA Cup replays scrapped – the key questions answered FA Cup replays scrapped – the key questions answered

    FA Cup replays have been abolished as part of a new agreement between the Football Association and the Premier League on the competition’s format and funding.

    Here the PA news agency looks at the issue in closer detail.

    What has happened?

    The FA has agreed to scrap all replays from the first round proper onwards. Replays had already been phased out from the fifth-round stage but will now be ditched completely. The format change will see all fifth-round ties, which have been played in midweek for the last five seasons, revert to weekends while ties in the fourth round, fifth round and quarter-finals will be played exclusively of Premier League ties.

    The FA Cup final will be played on the penultimate weekend of Premier League games, but no top-flight matches will be played on the Saturday of that weekend.

    The Premier League will provide up to an extra £33million per season to support the pyramid as a result of the agreement, the FA said.

    Why has this happened?

    The primary driver has been the pressure placed on the domestic calendar by the expansion of UEFA’s club competitions from next season. The new format for the Champions League, for example, features an extra 64 matches next season compared to the current campaign, and spills into January for the first time, a month which had previously been the reserve of domestic football.

    But why scrap replays in the first and second rounds, where Premier League teams aren’t involved?

    FA sources say that decision has been taken for the sake of consistency in the competition, and to help EFL clubs and those lower down the pyramid resolve their own congestion issues. It is understood the EFL Trophy is another candidate for expansion as Premier League clubs look for further playing opportunities for their young stars, although with talks on a new financial settlement between the Premier League and the EFL having stalled, it is not clear when – or even if – that change will come to pass.

    FA sources have also challenged the idea that replays are major revenue earners for lower-league clubs. Of the 19 third and fourth-round replays in the last 10 years where an EFL side was away, 12 had an attendance of over 25,000. Only a very small percentage of first and second-round replays over the same period achieved attendances of over 7,000.

    What else has happened?

    The mid-season break has been scrapped to allow a mid-August start date for the new Premier League season, which should enable top-flight clubs to ensure all players can get a consecutive three-week break in the summer. The new schedule also allows for the late May Bank Holiday weekend to be ringfenced for the EFL play-offs.

    What has the reaction been?

    The Football Supporters’ Association has not yet issued any comment on the move, but its survey from last year showed continued strong support for replays, with 69.5 per cent of respondents believing they are an important part of the FA Cup.

    Nicola Palios, the vice-chair of League Two side Tranmere, said the FA and the Premier League had reached an agreement “to suit themselves at the expense of the rest of the football pyramid”, and said the new independent regulator would need the power to stop the Premier League “strangling” the lower leagues.

    FA chief executive Mark Bullingham said the changes would strengthen the FA Cup while his Premier League counterpart Richard Masters said the changes had been agreed “without compromising the excitement of knockout football”.

    The Professional Footballers’ Association chief executive Maheta Molango said the move showed how decisions taken at FIFA and UEFA level had “a knock-on impact which affects clubs, and players, throughout the pyramid”.

    “What football needs is a collective approach to a properly thought-out global fixture calendar – not a fight for available dates,” Molango said.

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    Gateshead had goalkeeper Nathan Harness sent off in the 47th minute for bringing down James Daly outside the box and, with no stopper on the bench, Louis Storey went between the posts for the rest of the night.

    Storey made a good save to keep out Cian Harries’ free-kick in the 51st minute, but could do nothing as the visitors took the lead 10 minutes later.

    Thomas got on the end of a looping cross from Josh Barrett to head in, and it proved enough for a win that puts them one point above FC Halifax, who host Oldham on Thursday.

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