Chelsea Owner Roman Abramovich confirms he has decided to sell Chelsea football club

Nkwain Desmond March 2nd, 2022, 10:32 pm

Abramovich celebrates winning the Champions League following the UEFA Champions League Final between Manchester City and Chelsea FC at Estadio do Dragao on May 29, 2021 in Porto, Portugal. (Photo by Alex Caparros – UEFA/UEFA via Getty Images)

Chelsea owner Roman Abramovich has decides to sell Chelsea football club admits ongoing pressure from the UK on Russians with investments in UK.

Abramovich released a statement this night stating his plans to sell the club amidst on going pressure from the UK.

His ownership of the club has turned him into a household name in the UK, but pressure has built in recent weeks as Russia’s assault on Ukraine led to calls for targeted western sanctions to be imposed on the elite group of oligarchs with links to President Vladimir Putin.

Chelsea Football Club are being sold, as per Roman Abramovich official announcement

“I would like to address the speculation in media over the past few days in relation to my ownership of Chelsea FC. As I have stated before, I have always taken decisions with the Club’s best interest at heart”.

“In the current situation, I have therefore taken the decision to SELL the Club, as I believe this is in the best interest of the Club, the fans, the employees, as well as the Club’s sponsors and partners”.

“The sale of the Club will not be fast-tracked but will follow due process. I will not be asking for any loans to be repaid. This has never been about business nor money for me, but about pure passion for the game and Club. Moreover, I have instructed my team to set up a charitable foundation where all net proceeds from the sale will be donated. The foundation will be for the benefit of all victims of the war in Ukraine. This includes providing critical funds towards the urgent and immediate needs of victims, as well as supporting the long-term work of recovery”.

“Please know that this has been an incredibly difficult decision to make, and it pains me to part with the Club in this manner. However, I do believe this is in the best interest of Chelsea football Club”.

“I hope that I will be able to visit Stamford Bridge one last time to say goodbye to all of you in person. It has been a privilege of a lifetime to be part of Chelsea FC and I am proud of all our joint achievements. Chelsea Football Club and its supporters will always be in my heart”.

Abramovich decides to sell Chelsea football club

source @fabrizioromano