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Football London
Football London
Sport
Alan Smith

Chelsea’s next steps and the question over Roman Abramovich’s ‘net proceeds’ gesture

Roman Abramovich is selling Chelsea 19 years after reshaping English football with unprecedented investment that brought 18 major trophies.

Nineteen days ago the 55-year-old Russian billionaire stood on the pitch in Abu Dhabi as the club was crowned world champions for the first time.

Five days ago he announced an intention to hand the “stewardship and care” of the club to the trustees of the club's charitable foundation, only for a couple of the trustees to raise a conflict of interest and the Charity Commission to seek more information because it may have been legally impossible.

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