Russian Billionare and Chelsea Owner Hands Over Club to Trustees After he was banned From UK

Chelsea owner Roman Abramovich

Release a 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.

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

This means even though he has been placed under restrictions and banned, he has no intention of selling the club but rather places under the care of the clubs management team, fans, players and staff of the club.

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