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Roman Abramovich confirms he is SELLING Chelsea with money to be donated to help victims of Ukraine

Chelsea owner Roman Abramovich has confirmed he is selling the club.

The Russian also revealed that he’s setting up a foundation with all net proceeds going towards victims of Russia’s invasion of Ukraine

Abramovich, who has owned the west London club since 2003, also revealed he won’t be asking for any loans owed to him, which are said to amount to £1.5billion, to be paid.
Roman Abramovich confirms he is SELLING Chelsea with money to be donated to help victims of Ukraine
Questions have been asked about the billionaire in parliament as the UK government continues to target Russian money with sanctions, although Abramovich denies links to Vladimir Putin and is yet to face punishment.

He said in a statement: “I would like to address the speculation in media over the past few days in relation to my ownership of Chelsea FC.
Roman Abramovich confirms he is SELLING Chelsea with money to be donated to help victims of Ukraine
“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.
Roman Abramovich confirms he is SELLING Chelsea with money to be donated to help victims of Ukraine
“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.
Roman Abramovich confirms he is SELLING Chelsea with money to be donated to help victims of Ukraine
“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 the 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.
#FootballTrends #MartinzSportsUpdate #Chelsea #WeStandWithUkraine #RomanAbramovich

Comments (37)

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    New Comments37

    Boom Technology

    Sounds good

    Tanzania

    A S Dabo

    buy it sir

    Nigeria

    AZIIZ LOLADE

    End of an era [0x1f625][0x1f625][0x1f625][0x1f625][0x1f625]

    Nigeria

    CherediJoshua

    Cool

    Kenya

    fatoba zion

    best football club owner

    Nigeria

    Norbert Asirawede

    [0x1f621][0x1f621]

    Nigeria

    +

        -   or   -

        -   or   -

        NG +234

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