Roman Abramovich, Chelsea owner, handed over the care of the PL club to its charitable foundation trustees on Saturday.
This move came after a British MP called for Roman to hand over the PL club after Russia invaded Ukraine.
Roman had owned the club since 2003 and had made no mentions about the war in Ukraine in his statements. He is also not relinquishing ownership of the club and can still provide funds, presuming he is not sanctioned by the UK government. Sources have told ESPN that Abramovich has no intention of calling in his loans to the club.
Roman Abramovich Opens Up About Chelsea FC
“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,” he 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.
“I believe that currently, they are in the best position to look after the interests of the club, players, staff, and fans.”
The conflicts in Ukraine had entered their third day after Russia invaded and had drawn widespread condemnation and sanctions from other world leaders.
Roman was not involved in the daily running of Chelsea and had given that role to his close confidante and club director, Marina Granovskaia, in conjunction with technical and performance adviser Petr Cech.