The UK government has made significant tweaks to the special
license Chelsea were given, after Roman Abramovich was sanctioned, the UK Sun
reports.
The changes have been made to avoid the Premier League club
entering into administration.
Abramovich had been looking to sell Chelsea, but that is now
on hold and there are significant question marks over the short and long-term
implications.
There had even been suggestions the Blues may face difficulties finishing the season without entering administration, but those fears have now been allayed.
After two days of talks between Chelsea officials and MPs,
some revisions have been made to the special license, to allow the club access
to around £110 million.
Those funds – from television and prize money – had
previously been frozen.
But the club will now have access to it, to continue paying
their £28 million monthly wage bill as well as other expenses.
Chelsea was due to receive £35m in TV money and also receive
prize money of around £39m if they retain their third place and up to £36m if
they win the Champions League crown.
The £500,000 cap on matchday outlay has now been nearly doubled
to £900,000, while the limit of £20,000 on away travel expenses will also be
increased if Chelsea overcomes Lille.
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