Owner of Chelsea ..Roman Abramovich down from club.

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 Pressure continues mounting on Russia as world's powerful countries continue instilling tough sanctions. The United Kingdom banned all Russian airplanes from its airspace amid ongoing Russia's military attack on Ukraine.


Chelsea’s Russian owner Roman Abramovich says he is “giving trustees of Chelsea’s charitable foundation the stewardship and care” of the club.

Abramovich, who has owned Chelsea since 2003, made no mention of the war in Ukraine in his statement and, significantly, is not relinquishing ownership of the club and can still provide funds, presuming he is not sanctioned by the U.K. government.


Abramovich, who will remain the club’s owner, has made the move amid Russia’s invasion of Ukraine.

In his statement he wrote "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".



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