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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Boehly-Clearlake consortium, which agreed terms to acquire Chelsea for 4.25 billion pounds (US$5.33 billion) earlier this month, passed the Premier League Owners'and Directors' Test, the league said on Tuesday (May 24), paving the way for the club's takeover.
The proposal also needs approval from the British government before the consortium can complete the acquisition, with a week remaining before the club's current operating licence expires on May 31.
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