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Chelsea FC owner Roman Abramovich hands direct control of club to trustees amid Russia's Ukraine invasion

Chelsea FC owner Roman Abramovich hands direct control of club to trustees amid Russia's Ukraine invasion

CBSN
Saturday, February 26, 2022 07:44:12 PM UTC

The news comes a day before Chelsea's League Cup final match against Liverpool

Chelsea FC owner Roman Abramovich announced Saturday that he is giving direct control of the club to trustees of Chelsea's charitable foundation. The news comes just days after Russia's invasion of Ukraine as the 55-year-old billionaire Russian owner finds himself at the center of the discussion over the country's influence in London in particular.

Abramovich released the following statement: 

"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.

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