× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS

Sale of Chelsea would require additional licence, says UK PM's spokesman

By Reuters | Mar 10th 2022 | 1 min read
By Reuters | March 10th 2022
20/5/12 (From L-R) Chelsea's Ashley Cole, Raul Meireles, John Terry, Jose Bosingwa, owner Roman Abramovich, Salomon Kalou and John Obi Mikel parade the UEFA Champions League Trophy and the FA Cup Trophy on their open top bus Mandatory Credit: Action Images / File Photo

Britain's government is open to the sale of Chelsea soccer club but for that to go ahead, it would require another licence, a spokesman for Prime Minister Boris Johnson said after sanctions were imposed on its owner, Roman Abramovich.

"We would have to grant a further licence. I think it is fair to say the government is open to the sale of the club, but ... currently, it would require another licence and that would require a further conversation with the Treasury (finance ministry)," he told reporters.

"The principle has been to mitigate the impact on fans ..., these measures are designed to punish those close to Putin.”

Share this story
Banks’ reserve cash at Central Bank hits a record Sh268 billion
Money that banks sets aside to cushion themselves against a run by depositors rose to a record Sh268.1 billion in December.
Toyota Mark X: Want to buy one? Read this
Some people say it’s expensive to maintain the Toyota Mark X, while others say it’s not for those buying their first car.