Russian oil tycoon Roman Abramovich's takeover of Chelsea Football Club was thrust back into the spotlight as it emerged a second probe into shares in the club had been launched.
City watchdog the Financial Services Authority said it was investigating the ownership of Chelsea Village, which owns the club, after it was tipped off that details of shareholdings before the takeover could have been been wrong.
The probe comes on top of a separate investigation into share dealings ahead of the offer by Mr Abramovich's bid for vehicle Chelsea Limited on July 1.
Shares in the company, which were valued at just 14p in April, had climbed to 28p before news of the takeover broke, prompting fears that some individuals may have benefited financially from prior knowledge of a deal.
However, there is no suggestion of wrongdoing by any of the parties involved in the takeover.
A statement from the Takeover Panel, a City body overseeing acquisitions, yesterday emphasised the latest probe was not connected to Chelsea Limited and was therefore unlikely to affect the timetable for the takeover.
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