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May 25, 2022

Chelsea Football Club sale to U.S.-led consortium approved

From the BBC World Service: One of England’s top soccer clubs, Chelsea, is now in American hands, after the U.K. government approved its sale to a consortium led by L.A. Dodgers co-owner Todd Boehly. Former heavyweight boxing champions Wladimir and Vitali Klitschko are at the World Economic Forum in Davos, encouraging European governments to maintain funding to Ukraine despite the economic blowback from sanctions imposed on Russia in the wake of the invasion. And Brexit may mean gene-edited crops soon appear on grocery store shelves in England, having been prohibited under European Union legislation.

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Stamford Bridge, the home ground of Chelsea football club, is pictured in London on May 24, 2022. - Todd Boehly's takeover of Chelsea received a boost on Tuesday as the British government confirmed talks have started with "international partners" to help complete the protracted sale. Boehly's consortium agreed a £4.25 billion ($5.3 billion) deal to buy the Premier League club from owner Roman Abramovich on May 7. (Photo by CARLOS JASSO / AFP) (Photo by CARLOS JASSO/AFP via Getty Images)
Stamford Bridge, the home ground of Chelsea football club, is pictured in London on May 24, 2022. - Todd Boehly's takeover of Chelsea received a boost on Tuesday as the British government confirmed talks have started with "international partners" to help complete the protracted sale. Boehly's consortium agreed a £4.25 billion ($5.3 billion) deal to buy the Premier League club from owner Roman Abramovich on May 7. (Photo by CARLOS JASSO / AFP) (Photo by CARLOS JASSO/AFP via Getty Images)

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