Foreign

Roman Abramovich, Hands Over Club To Charity Amid Fears Of Sanctions Over Ukraine’s Invasion By Russia

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Abramovich has been the owner of Chelsea since 2003 and since his arrival has seen a transformation in the fortunes of the club.

In a statement on its website, he said, “During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as a custodian of the club, whose job it is ensuring that we are as successful as we can be today, as well as build for the future, while also playing a positive role in our communities.

“I have always taken decisions with the club’s best interest at heart. I remain committed to these values. That is why I am today giving trustees of Chelsea’s Charitable Foundation the stewardship and care of Chelsea FC.

“I believe that currently they are in the best position to look after the interests of the Club, players, staff, and fans.”

Abramovich has been the owner of Chelsea since 2003 and since his arrival has seen a transformation in the fortunes of the club.

The trustees of the Chelsea Foundation are Bruce Buck, John Devine, Emma Hayes, Piara Powar, Seb Coe and Hugh Roberston.

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