Chelsea owner Roman Abramovich announced on Saturday he is handing over the “stewardship and care” of the club to the trustees of its charitable foundation.
Abramovich issued the statement through the club just a day before Chelsea face Liverpool in the final of the EFL Cup.
The announcement came three days after Russia began its military invasion of Ukraine to widespread international condemnation.
“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,” Abramovich 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.”
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