Sports

War in Ukraine: Abramovich hands Chelsea’s control to charity trust

Published

on

 

Chelsea’s Russian owner Roman Abramovich is handing over the “stewardship and care” of the Premier League club to the trustees of its charitable foundation, a statement from the European champions said on Saturday.

The decision also comes a day before Chelsea play Liverpool in the Carabao Cup final at Wembley.

“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,” the club statement said.

“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.”

Abramovich is one of Russia’s richest people and believed to be close to Russian president Vladimir Putin.

The move comes with Russia under intense scrutiny following the invasion of Ukraine.

AFP

Click to comment

Trending News

Copyright © 2021 ThePostNgr