THE Premier League have approved Todd Boehly’s proposed takeover of Chelsea.

The American – who is at the head of a multi-billion-pound consortium – threw his name into the ring to buy the cash-strapped west Londoners following the UK Government’s sanctions on former owner Roman Abramovich.

The Premier League have approved Todd Boehly's proposed takeover of Chelsea

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The Premier League have approved Todd Boehly’s proposed takeover of ChelseaCredit: Getty
Roman Abramovich's era as Chelsea owner is coming to a close

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Roman Abramovich’s era as Chelsea owner is coming to a closeCredit: PA

Los Angeles Dodgers co-owner Boehly, 46, had already PASSED the Prem’s owner and directors test.

Now the £4.25bn deal has moved a step closer to coming to fruition after receiving the green light from Premier League bosses.

A Prem spokesman said: “The Board has applied the Premier League’s Owners’ and Directors’ Test (OADT) to all prospective Directors, and undertaken the necessary due diligence.

“The members of the Consortium purchasing the club are affiliates of the Clearlake Capital Group, L.P., Todd Boehly, Hansjorg Wyss and Mark Walter.

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“Chelsea FC will now work with the relevant Governments to secure the necessary licences to complete the takeover.”

That could still be a sticking point with the Prem statement adding: “The purchase remains subject to the Government issuing the required sale licence and the satisfactory completion of the final stages of the transaction.”

Government sources suggested yesterday that Whitehall approval was close but that there remained significant “hurdles” with the green light from Europe.

Abramovich, who holds a Portuguese passport, is also on the EU sanctions list.

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And objections from the European Union could still SCUPPER the entire deal.

While it is expected that an agreement can be reached, there is a genuine risk of Chelsea not being given the EU go ahead.

The takeover must go through by May 31 in order for Chelsea to be forwarded by the FA to take place in next season’s Champions League.

But Blues defender Reece James insists the change of ownership won’t affect the club’s ambitions.

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He said: “It’s been a strange moment for the club with the change in owners. It’s going to be different moving forward.

“The ambition is still going to be the same. We’re a massive club in the world and our aim is to win every trophy we can.”

When pressed for his thoughts on Chelsea’s prospective new owner, the England international added: “I spoke to him briefly.

“I know he’s passionate about the club, his aim is to win. We’re not just going to change to a club that’s participating… everyone that plays at this club is ambitious.

“You’re playing at this club for a reason.

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“The quality of players is so high.

“No matter the owner, we’re the ones that go out and perform on the pitch and next season we will have more competitions to play and hopefully get a few more trophies under our belt.”

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