Abramovich steps off and leaves Chelsea to its charitable foundation!
Reading Time: 1min | Sat. 26.02.22. | 22:18
The move comes in light of the war in Ukraine and nearly 20 years after the 55-year-old's takeover of the west London club
Chelsea owner Roman Abramovich has announced that he is handing stewardship of the club to trustees of its charitable foundation.
In a statement, the Russian oligarch 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."
Chelsea position on official statement made by Abramovich. The club is understood to be ‘not for sale’ as things stand - also, Roman Abramovich is still the owner. 🔵 #CFC
— Fabrizio Romano (@FabrizioRomano) February 26, 2022
The decision to step back announced today has been made in order to help and protect the club. pic.twitter.com/Gv57ze5Pzb
The move comes in light of the war in Ukraine and nearly 20 years after the 55-year-old's takeover of the west London club.
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