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Chelsea Football Club Sale Hits Snag Over Debt Issue

Todd Boehly’s £4.25 billion ($5.2 billion) takeover of Chelsea FC has hit a snag amid disagreements between the UK government and the club’s owner Roman Abramovich over the terms of the deal, according to a person familiar with the matter.

The transaction, agreed this month, needs sign off from ministers to ensure funds don’t make their way to Abramovich, the billionaire sanctioned earlier in the year over his alleged ties to Russian President Vladimir Putin.