Roman Abramovich has dramatically confirmed his intention to sell Chelsea Football Club.
The Russian, who bought the club in July 2003, released a statement this evening which stated he had taken the “incredibly difficult decision” to sell but he believed it was in the best interest of the club.
Abramovich said that he will not be seeking any repayment loans he has given Chelsea – which are in excess of £1.5billion – and has stated net proceeds from the sale will be donated to a charitable foundation created to benefit victims of the war in Ukraine.
