Connect with us

Hi, what are you looking for?

Sports

Chelsea Owner Roman Abramovich Relinquishes Stewardship of Club

Chelsea owner Roman Abramovich has announced that he is handing stewardship of the club to trustees of its charitable foundation.

In a statement, the Russian billionaire said: “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.”

The move comes in light of Russia’s invasion of Ukraine, and almost 20 years after the 55-year-old’s takeover of the west London club.

Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like

Business

The Board of FBN Holdings Plc has announced that Mr. U.K. Eke, MFR, is poised to retire as Group Managing Director, FBNHoldings, Nigeria’s foremost...

News

The Abolongo Correctional Centre in Oyo town in Oyo State was on Friday invaded by gunmen. It was learnt that the gunmen attacked the...

Entertainment/Lifestyle

Famous Nigerian musician, Davido, on Wednesday recieved over N120m from his friends. The superstar had jocularly said he needed N100 million to clear his...

World News

  The Taliban’s effective ban on women working sank in on Monday, sparking rage over the dramatic loss of rights after millions of female...