Abramovich hands ‘stewardship and care of Chelsea’ to charitable foundation

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  • Russian bought Premier League club in 2003
  • Abramovich remains owner but relinquishes running of club

Roman Abramovich has passed the stewardship of Chelsea to the trustees of the club’s charitable foundation. The Russian, who bought the club in 2003, remains the owner but has relinquished the running of Chelsea after a call in parliament for him to be sanctioned following the invasion of Ukraine.

Abramovich, provided he is not sanctioned, can continue to fund the club but the focus on him has provoked this move on the eve of Chelsea’s Carabao Cup final against Liverpool. Abramovich has vehemently disputed reports suggesting his alleged closeness to Vladimir Putin and Russia or that he has done anything to merit sanctions being imposed against him.

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Written by Jacob Steinberg
This news first appeared on https://www.theguardian.com/football/2022/feb/26/abramovich-hands-stewardship-and-care-of-chelsea-to-charitable-foundation under the title “Abramovich hands ‘stewardship and care of Chelsea’ to charitable foundation”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.