sport news Todd Boehly's takeover of Chelsea is 'expected to be completed by the end of ... trends now

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The proposed sale of Chelsea to Todd Boehly's consortium is reportedly expected to be completed by the end of the week.

There had been fears that a takeover would fall through because of delays caused by the £1.6bn debt owed by Chelsea's parent, Fordstam Ltd, to Jersey-registered Camberley International Investments, a company with suspected links to Roman Abramovich.

The Guardian have now reported that the sale looks 'increasingly likely' to be completed this week.

It's said that the government is now optimistic that Abramovich's loan to the club will not go to the Russian oligarch or his family. 

There is growing confidence that Abramovich will agree to 'legally binding guarantees' that would allow the money to be placed in a frozen account which will be placed under government control.

A consortium led by US investor Boehly had provisionally agreed terms on a £4.25bn takeover to end the Abramovich era - after the Russian was forced to sell the club following his country's invasion of Ukraine. 

Sanctions placed against Abramovich meant that the club could not sell match-day tickets towards the end of the season, with only season-ticket holders able to attend games. 

Chelsea were given a special operating license though which expires on May 31 - and they will need government approval for the sale to be given the green light.