The Premier League has "opened Pandora's box" after Everton were deducted 10 points for breaching financial regulations.

That is the view of John Blain, the vice-chairman of the Everton Shareholders' Association and of Toffee TV.

Everton were hit with the largest points deduction in Premier League history on Friday, after being found guilty by an independent commission of breaching the competition's Profit and Sustainability rules.

The commission found that Everton had lost £124.5million over a three-year period, which is £19.5m over the £105m threshold.

Everton's punishment comes amid the backdrop of Manchester City facing 115 charges, while Chelsea are under investigation after reports detailed a series of payments, worth tens of millions, were made during the tenure of former owner Roman Abramovich. The deduction has taken Everton from 14th to 19th in the Premier League.

The Toffees have confirmed they will appeal the decision, and Blain believes the Premier League wanted a "show trial" in a bid to put off the installation of a government-backed independent regulator.

"A fair amount of this document is like a subjective VAR decision. In every place where it can't be proven, because the onus of proof is on Everton, then it's come down as bad for Everton," Blain told Stats Perform.

"The commission says: 'We agree with the Premier League that the requirement of punishment, deterrents, a vindication of complying clubs, and the protection of the integrity of the sport demand a sporting sample'. I think it's quite hilarious that it thinks it is protecting sporting integrity by doing this to this football club at this time, and the report itself says that Everton did not breach the rules deliberately.

"Yet we have other clubs, notably Manchester City, where there's no sign of the integrity being protected by bringing them to the courtroom. I think the Premier League has opened Pandora's Box – other clubs are in the tunnel, and at the end of the tunnel, you meet one of these commissions.

"It is interesting that when Everton were referred to an independent commission, the Premier League did not have any method whatsoever for calculating what the punishment would be, yet they sought to influence the commission by creating one as recently as August.

"The commission chose to ignore that guidance, but those rules that were put in place in August, should – and I suspect they won't – apply to clubs who have made huge losses.

"They appear to have opened Pandora's Box and they can't close it now. The next league game for Everton is at Goodison Park, and is against Manchester United, and I think people around the world will see what Everton fans think of this.

"We as fans are talking about the policy and process of the Premier League that we're objecting to – a fit-for-purpose sanction would not be 10 points. This will hang over Everton for a good chunk of the season, but also those clubs that think Everton getting deducted 10 points will stop them getting relegated. Those clubs won't know how many points they'll need to be safe until the end of the appeal process. It's crazy."

While Everton feel hard done by, Blain pointed out that Farhad Moshiri's leadership has left much to be desired.

He said: "Moshiri's legacy will be one of mismanagement and not making the board more effective. He has the good fortune that a new stadium, which will be seen across Europe when the Euros are here, will probably be the legacy that he quite likes.

"But the rest of it is not going to cover him in glory at all. The sad thing is the people who are culpable, who were running the business at the time of the transgressions, most notably the former chief executive [Denise Barrett-Baxendale] and chief financial officer [Grant Ingles], chose not to submit a witness statement to this commission.

"The chief executive of the Premier League made a witness statement, and the CFO of the Premier League made a statement – there was only one side of the story; that in itself is quite damning.

"If Everton were to be relegated because of this 10-point deduction, then clearly it would be the most damning of legacies. That the complete and utter failure to run the business probably resulted in the ultimate sanction of a founding member of the Premier League falling out of it for the first time ever."

Blain does, though, feel Sean Dyche's side are well-equipped to stay up despite the sanction.

"The team, and the management on the sporting side is in a far better place than it has been in many years," he said. "We will be "safe" from relegation and probably miss it by more points than in the last few years.

"We've been to the well as Everton fans and really suffered due to the ineptness of our sporting side, but it's getting sorted out. So perversely, this points deduction is not as emotive as it might have been if the policies and procedures of the Premier League were in place and they'd been able to take the club to court quicker.

"That's the thing that might upset other clubs, who all believe they would not have been relegated had this happened sooner. We will never know, and there's a fair amount of precedent inside the document that these are just normal business hurdles that you have to overcome."

Chelsea are set to face further scrutiny from the Premier League over reports of payments connected to the club’s former owner Roman Abramovich.

The Guardian has reported that Abramovich, a Russian billionaire who owned the club for 19 years until he was sanctioned by the British Government last year, used offshore companies to make payments which appear to have been for the club’s benefit.

The Premier League is already investigating the club after their new owners became aware of “potentially incomplete financial reporting” linked to the Abramovich era while completing their due diligence as part of the takeover and self-reported the information they discovered to the league and other regulators.

The Premier League has not commented on Wednesday’s report, but it is likely it will now look closely at the information reported by the Guardian.

A Chelsea spokesperson said: “These allegations pre-date the club’s current ownership. They are based on documents which the club has not been shown and do not relate to any individual who is presently at the club.”

Chelsea’s stance under their new owners has been consistent – to examine any allegations of impropriety under the previous ownership as soon as they become aware of them.

Abramovich bought Chelsea in 2003 and invested millions as the club enjoyed unprecedented success, including Champions League victories in 2012 and 2021 as well as five Premier League titles.

He was forced to sell the club last year after his assets were frozen by the Government following the Russian invasion of Ukraine.

The FA has confirmed it is investigating, although it is unclear at this stage whether its investigation relates to the information Chelsea self-reported or the new allegations reported by the Guardian.

Chelsea entered into a 10 million euro (£8.7million) settlement with UEFA after also self-reporting the information which came to light during the 2022 takeover to European football’s governing body.

Graham Potter admits Chelsea are "suffering" after fans were heard signing the names of former boss Thomas Tuchel and ex-owner Roman Abramovich during the FA Cup thrashing at Manchester City. 

The Blues were hammered 4-0 at the Etihad Stadium on Sunday, making their first exit from the famous competition at the third-round stage since the 1997-98 season.

Chelsea's latest setback continues a poor run, having lost 1-0 to City in the Premier League on Thursday to leave them with just one win in eight Premier League fixtures.

Blues fans let their feelings be known as they crashed out with a whimper, with Tuchel and Abramovich chants heard from the away end.

Head coach Potter told reporters: "The results in a small space of time aren't positive.

"You can make excuses and look for reasons, or you can say that it isn't good enough and both of those answers are correct.

"Clearly, we're suffering as a football club, and it's not nice, but it's where we are at the moment.

"We can't do anything but do our jobs better and work harder. We understand the supporters; frustration, but our job is to do our job.

"There are always other opinions, criticism and negativity, but that's part of the challenge."

 

Potter has no issue with the commitment of his players during such a difficult spell.

"This opponent is the worst opponent you can play when things aren't going well because they can make it look like you aren't trying," he added.

"I'm working with the players, and I don't feel the sense of any players with a poor attitude.

"Everyone wants to try to do better, but we're going through a bad moment and in these moments, you need somebody to blame."

Former Liverpool defender Jamie Carragher has questioned Chelsea's decision to part company with Thomas Tuchel and says he did not expect Todd Boehly to be so ruthless.

Chelsea announced on Wednesday, a day after their slow start to the season continued with a 1-0 European loss to Dinamo Zagreb, that Tuchel had been relieved of his duties.

Tuchel departs Stamford Bridge having won three trophies, including just the club's second ever Champions League, during his 20 months at the helm.

American owner Boehly has placed Tuchel's coaching staff in temporary charge until a replacement is found.

Chelsea hired and fired managers on a regular basis during ex-owner Roman Abramovich's successful tenure, but Carragher expected things to be different under a new regime.

"It's a shock because I just thought the new regime at Chelsea would be different to Roman Abramovich," Carragher told Sky Sports News. 

"If Abramovich was still in charge, you'd fear for Tuchel because of what happened in the past with Jose Mourinho, Antonio Conte, Carlo Ancelotti – lots of great managers. 

"But I did feel as if it might have been a different type of regime, so it's a huge shock. It hasn't been a great start, we get that.

"But Chelsea felt like a team who needed the transfer window to end, get the squad they wanted and give a top-quality manager a chance over the next few weeks or months.

"We're talking six games into a season. He bought Pierre-Emerick Aubameyang who made his debut last night and Wesley Fofana's played two games.

"The idea that this team's been put together with a lot of money spent – I understand that – pressure comes with that and Thomas Tuchel will understand that.

"But he was almost like a director of football a lot through the summer as well, he was heavily involved in bringing the players in.

"So, he should have been given more time certainly, even just the next three games which takes them up to the international break, I don't know what the rush was right now."

According to widespread reports, Chelsea have been given permission by Brighton and Hove Albion to speak with head coach Graham Potter.

Out-of-work bosses Mauricio Pochettino and Zinedine Zidane are also said to be under consideration by Boehly, who only took over ownership of the club at the end of May.

Potter has been widely lauded for his work at Brighton and also with former sides Swansea City and Ostersund, but Carragher has warned the Englishman about taking the job.

"It's a very ruthless club and I'm not sure he is the right fit," Carragher said. 

"Maybe Chelsea are saying they want to do things differently in the future in terms of having a coach in charge rather than a manager.

"But if I was Graham Potter, I would find that very hard to believe that they're going to do things differently. 

"They've just got rid of a manager six games into the season. Of course, it's a huge step up in his managerial career and Chelsea are still one of the top clubs. 

"They are still world champions right now, but you fear for Graham Potter that he'll be in the same boat as every other Chelsea manager has for the last 10 years.

"Unless he gets results instantly they'll be getting themselves another new manager in 12 months."

Roman Abramovich's tenure as Chelsea owner means the Premier League might have to implement tougher testing for potential owners, according to the competition's chief executive Richard Masters.

Abramovich bought Chelsea in 2003 and oversaw a transformative period for the club, who have since won five Premier League titles and triumphed five times in the FA Cup, three times in the EFL Cup and the Champions League twice.

However, Abramovich was forced to put the Blues up for sale earlier this year when, after Russia's invasion of Ukraine, the UK government sanctioned the Russian oligarch.

Todd Boehly, who also co-owns the Los Angeles Dodgers, led a consortium that eventually bought the club in May, bringing an end to Abramovich's spell at the helm after 19 years.

"It's difficult to say now, with hindsight, that it's all been good, given what has transpired over the last six and a half months," Masters said when asked for his thoughts on Abramovich's time as a club owner.

"I think if you ask Chelsea fans, they would give you a different answer."

Masters suggested that English football, and in particular the top flight, must now improve on the controls and safeguards they have in place when granting would-be owners permission to purchase clubs.

"I think the situation we ended with has given the sport some challenges we've got to meet," he added.

"Ultimately, there wasn't an owners' and directors' test when Abramovich took ownership of Chelsea, so I suppose the answer to the question is, had there been that in place what would have happened and what safeguards we need to build in for the future?

"[There is] a rolling test, yes. Prevention is better than cure, isn't it? There wasn't then, there is now, it's going to change and part of that actually is probably going to be the strengthening of the annual test."

Boehly's purchase of Chelsea went through just before the UK government's deadline of May 31, and Masters explained there was genuine concern over the club's status.

"You're in unique circumstances, nothing like this has happened before," he said.

"There was obviously a genuine concern the sale wouldn't take place in the timeframe that was available.

"That didn't happen thankfully. A lot of people worked extremely hard on it at the club's end, the government's end and [the] Premier League's end to make sure things were running as smoothly as possible. We're very pleased that it happened, obviously."

Masters' comments come on the eve of the new Premier League season, with Chelsea in action against Everton on Saturday.

Thomas Tuchel acknowledged he did not expect to outlast Roman Abramovich and influential board members at Chelsea, while Romelu Lukaku made it "very clear he wanted to leave".

Chelsea have undergone wholesale change at Stamford Bridge since Todd Boehly's consortium acquired the club, with numerous departures at the top of the hierarchy.

Owner Abramovich, hampered by the sanctions imposed on him following Russia's invasion of Ukraine, ended a 19-year spell with the Premier League side, while Bruce Buck stepped down as chairman.

Director and chief decision-maker Marina Granovskaia is also set to leave after 12 years, and technical and performance advisor Petr Cech was another departure as the boardroom reshuffle continued.

Granovskaia will remain available to Boehly, who is acting as interim sporting director and chairman, for the duration of the current transfer window to help with the transitional period.

The exodus in the Chelsea boardroom has led head coach Tuchel to be more involved with transfer activity, but the German hopes that he will not be required to participate as actively in negotiations in the longer term.

"It is intense," Tuchel said of the new era at Chelsea. "Everybody needs to find their role and have to adjust and adapt, of course.

"[My job] has changed a lot at the moment. I could never have imagined that I stayed longer at the club than Roman, Marina and Petr. 

"This was impossible so now with Marina not in charge and Petr not here anymore it has changed a lot. It's not my favourite thing to do and in the long run the focus has to be on coaching because it is why I am here.

"But, at the moment, of course my help is needed and wanted, and it is necessary that I step up and take the responsibility. 

"I am in contact with Todd directly on a daily basis and sometimes more than once on a daily basis because we are aware that we have a club in transition and change.

"My concern is for the team to be competitive and for this we have to invest a lot of time and we need to be hands on. There is no other way. 

"We compete not only against the best teams, but also against the best managers. We need to be competitive and replace big players and infuse quality.

"I think it's important for everybody at Cobham to take a little bit more responsibility, not only for me."

Tuchel has lost numerous key leaders from his side, with Antonio Rudiger going to Real Madrid and Andreas Christensen to Barcelona, where Cesar Azpilicueta could reportedly join as well.

Lukaku was another departure, sent out on loan to Inter, just a season after Chelsea spent a club-record £97.5million to bring the striker back to London.

The Belgium international labelled his return to Chelsea as a "mistake" on Thursday, and Tuchel suggested it was Lukaku who was intent on returning to Italy for the 2022-23 season.

"There has never been a meeting where I said 'I want this guy out'," said Tuchel. "Never. I was always clear – if he stays we will do everything to put him in a better place, to put him in better shape, to improve my style of coaching, our style of playing, to make him a better fit. 

"It was always a possibility he stayed, but Romelu made it very clear he wanted to leave and the owners took the decision to make the decision straight away.

"Disappointed is the wrong word. I don't know a better word in English. It feels like I take it personally – it's never personal. I am not happy that we couldn't bring more out of him.

"Maybe it would have just taken a bit more time. A bit more fitness, a bit more adaptation in our game. Who knows? But we will not find out.

"Once Romelu gave his clear opinion on the situation and there was a solution on the table, the owners made their choice and had my blessing."

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."

 

A consortium led by Todd Boehy and Clearlake Capital completed their takeover of Chelsea on Monday.

The Premier League club announced on Saturday that the deal was officially set to go through at the start of this week.

Chelsea have now confirmed that they are under new ownership almost three months after Roman Abramovich decided to sell up.

An ownership group led by Los Angeles Dodgers part-owner Boehly, Clearlake Capital, Mark Walter and Hansjorg Wyss brokered a deal to buy the Blues for £4.25billion this month.

The Portuguese government last week approved the sale of the London club, a green light that was required as Abramovich has Portuguese citizenship.

A statement released by Chelsea on Monday said: "Under the terms of the agreement, Boehly and Clearlake will share joint control and equal governance of the club. Boehly will serve as chairman of the holding company.

"Boehly and Clearlake are committed to investing in key areas that will extend and enhance Chelsea's competitiveness, including the redevelopment of Stamford Bridge, further investment in the academy, the women's team, and Kingsmeadow Stadium. The owners will also continue the important work of the Chelsea Foundation."

Upon confirmation of the takeover, Boehly told the club's website: "We are honoured to become the new custodians of Chelsea Football Club. We're all in, 100 per cent. Every minute of every match.

"Our vision as owners is clear: we want to make the fans proud. Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the club for the long-term and build on Chelsea's remarkable history of success. I personally want to thank ministers and officials in the British government, and the Premier League, for all their work in making this happen."

The UK government declared it was satisfied the deal would not benefit Abramovich, who was sanctioned due to his links to Russia's president Vladimir Putin following the invasion of Ukraine.

Russian oligarch Abramovich owned Chelsea for 19 years.

The 55-year-old stated when he put the Blues up for sale that the net proceeds would go to a charitable foundation, with the money distributed to victims of the war in Ukraine.

Abramovich declared the charitable foundation being established would be the legacy he and Chelsea had created together.

A Todd Boehly-led consortium completed their takeover of Chelsea on Monday.

The Premier League club announced on Saturday that the deal was officially set to go through at the start of this week.

Chelsea have now confirmed that they are under new ownership almost three months after Roman Abramovich decided to sell up.

An ownership group led by Los Angeles Dodgers part-owner Boehly, Clearlake Capital, Mark Walter and Hansjorg Wyss brokered a deal to buy the Blues for £4.25billion this month.

The Portuguese government last week approved the sale of the London club, a green light that was required as Abramovich has Portuguese citizenship.

The UK government declared that it was satisfied the deal would not benefit Abramovich, who was sanctioned due to his links to Russia's President Vladimir Putin following the invasion of Ukraine.

Russian oligarch Abramovich owned Chelsea for 19 years.

The 55-year-old stated when he put the Blues up for sale that the full amount that is paid to buy the club would go to a charitable foundation, with the money distributed to victims of the war in Ukraine.

Abramovich declared that the charitable foundation that is being established would be the legacy he and Chelsea had created together.

Roman Abramovich is confident Chelsea will be in good hands under the Todd Boehly/Clearlake Capital consortium after it was confirmed the takeover will go through on Monday.

The Premier League club on Saturday released a statement revealing a new era that the deal is set to go through at the start of next week.

Abramovich put the club up for sale in March before he was sanctioned by the UK government due to his links to Russia's President Vladimir Putin following the invasion of Ukraine.

The Boehly-led consortium this month agreed a £4.25billion deal to acquire the London club.

Abramovich stated when he put Chelsea up for sale that the full amount that is paid to buy the club would go to a charitable foundation, with the money distributed to victims of the war in Ukraine.

The 55-year-old on Saturday released a farewell statement.

He said: "It has been nearly three months since I announced my intention to sell Chelsea FC. During this time, the team have worked hard to find the right custodian for Chelsea FC that would be best positioned to successfully lead the club into its next chapter.

"The ownership of this club comes with great responsibility. Since I came to Chelsea nearly twenty years ago, I have witnessed first-hand what this club can achieve.

"My goal has been to ensure that the next owner has a mindset that will enable success for the men's and women's team, as well as the will and drive to continue developing other key aspects of the club, such as the academy and the vital work of Chelsea Foundation.

"I am pleased this search has now come to a successful conclusion. As I hand over Chelsea to its new custodians, I would like to wish them the best of success, both on and off the pitch.

"It has been an honour of a lifetime to be a part of this club – I would like to thank all the club's past and current players, staff, and of course fans for these incredible years.

"I am proud that as a result of our joint successes, millions of people will now benefit from the new charitable foundation which is being established. This is the legacy which we have created together."

Chelsea have confirmed that the Todd Boehly/Clearlake Capital consortium are set to complete their takeover of the club on Monday.

The Blues this week moved a big step towards having new owners when the Portuguese government approved the sale of the club.

That was necessary as Russian oligarch Roman Abramovich, Chelsea's owner since 2003, also holds Portuguese citizenship.

The UK government had on Wednesday stated that it was satisfied "the sale will not benefit Roman Abramovich", who was sanctioned due to his links to Russia's President Vladimir Putin following the invasion of Ukraine.

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 this month.

Another positive update was provided on Saturday.

A club statement said: "Chelsea Football Club can confirm that a final and definitive agreement was entered into last night to sell the club to the Todd Boehly/Clearlake Capital consortium.

"It is expected that the transaction will be completed on Monday. The club will update further at that time."

The deal has been approved by the Premier League.

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."

Chelsea's takeover has been cleared by the UK government, which is satisfied "the sale will not benefit Roman Abramovich".

The Blues 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, with only government approval subsequently needed.

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

But Nadine Dorries, the UK secretary of state for the department for digital, culture, media and sport, confirmed on Wednesday the sale had been approved late the previous evening.

"Last night the Government issued a licence that permits the sale of Chelsea FC," she said in a statement on her Twitter page.

"Given the sanctions we placed on those linked to Putin and the bloody invasion of Ukraine, the long-term future of the club can only be secured under a new owner.

"We are satisfied the proceeds of the sale will not benefit Roman Abramovich or other sanctioned individuals.

"I want to thank everyone, especially officials who've worked tirelessly to keep the club playing and enable this sale, protecting fans and the wider football community."

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

Chelsea's proposed takeover has taken a huge step towards completion after the Premier League confirmed the sale was approved on Tuesday.

The Blues 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.

The takeover, which promises investment of £1.75billion into the club, briefly appeared to be in doubt due to suggestions Roman Abramovich was unhappy with the sale structure.

Abramovich denied that to be the case, and the deal appears to be nearing a resolution, though the sale still needs to be approved by the UK government.

The proceeds of the sale are expected to be donated to the victims of Russia's invasion of Ukraine.

A Premier League statement released on Tuesday read: "The Premier League Board has today approved the proposed takeover of Chelsea Football Club by the Todd Boehly/Clearlake consortium.

"The purchase remains subject to the government issuing the required sale licence and the satisfactory completion of the final stages of the transaction.

"The Board has applied the Premier League's Owners' and Directors' Test (OADT) to all prospective directors, and undertaken the necessary due diligence.

"The members of the Consortium purchasing the club are affiliates of the Clearlake Capital Group, L.P., Todd Boehly, Hansjorg Wyss and Mark Walter.

"Chelsea FC will now work with the relevant governments to secure the necessary licences to complete the takeover."

Roman Abramovich has hit out at "entirely false" claims that he has asked for the £1.5billion debt he was owed by Chelsea to be repaid.

The Chelsea owner put the six-time English champions up for sale on March 2 just before being sanctioned by the United Kingdom government due to Russia's invasion of Ukraine.

Oligarch Abramovich, who has denied having close ties to Russian president Vladimir Putin, had his assets frozen and has since been sanctioned by the European Union and disqualified as a Chelsea director by the Premier League.

In order to help push through a smooth sale, the 55-year-old revealed in March he would write off the debt owed to him by the club, with proceeds from the sale going to a charitable foundation for "all the victims of the war in Ukraine".

According to media reports this week, Abramovich had apparently made a U-turn on that decision, raising doubts over whether a takeover would go through before the May 31 deadline, at which point Chelsea's government licence runs out.

But in a statement attributed to a spokesperson for Abramovich, issued on Chelsea's website on Thursday, the Russian said his initial stance has not changed – including his asking price for the London side.

"Firstly, Mr Abramovich's intentions in relation to gifting the proceeds from the Chelsea sale to charity have not changed," the statement read.

"Since the initial announcement, Mr Abramovich's team has identified senior representatives from UN bodies and large global charitable organisations who have been tasked with forming a foundation and setting out a plan for its activities.

"The lead independent expert has had conversations with government representatives presenting the structure and initial plans. Mr Abramovich has not been involved in this work and it has been managed independently by experts with years of experience working in humanitarian organisations.

"Secondly, Mr Abramovich has not asked for any loan to be repaid to him – such suggestions are entirely false – as are suggestions that Mr Abramovich increased the price of the club last minute.

"As part of Mr Abramovich's objective to find a good custodian for Chelsea FC, he has however encouraged each bidder throughout this process to commit investing in the club – including in the academy, women's team, necessary redevelopment of the stadium as well as maintaining the work of Chelsea Foundation."

A consortium led by Los Angeles Dodgers co-owner Todd Boehly is said to be close to completing the final details of a takeover, despite a last-minute bid by Ineos owner Sir Jim Ratcliffe.

However, a deal cannot go through until the UK government is completely certain Abramovich will not receive any of the proceeds.

"Following sanctions and other restrictions imposed on Mr Abramovich by the UK since announcing that the club would be sold, the loan has also become subject to EU sanctions, requiring additional approvals," the spokesperson added.

"That means that the funds will be frozen and subject to a legal procedure governed by authorities. These funds are still earmarked for the foundation. The government are aware of these restrictions as well as the legal implications.

"To be clear, Mr Abramovich has no access or control of these funds and will not have any access or control of these funds following the sale. Despite the changing circumstances since his initial announcement – he remains committed to finding a good custodian for Chelsea FC and making sure the proceeds go to good causes."

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