The assets are frozen, not seized so it's not owned by UK gov so they have nothing to sell. It's still a private enterprise
The club will be given away to a new owner free of charge. Whoever ticks all the boxes with a business plan that the PL and Government will be prepared to hand it over to. Enter the fray Mr Michael Ashley
"Chelsea go bankrupt everywhere they go, Chelsea go bankrupt everywhere they gooooooooo, everywhere they goooooooooooo"