Roman Abramovich has confirmed his decision to sell Chelsea amid Russia’s continued invasion of Ukraine. The Russian-Israeli billionaire has owned the Blues since 2003 and helped steer the Stamford Bridge club to 19 major trophies.
But the 55-year-old’s glittering reign in west London is close to an end, with a consortium of billionaires already making their interest in a deal public. Swiss billionaire Hansjorg Wyss and USA investor Todd Boehly are understood to be two of the parties joining forces and now preparing a bid for the Blues.
“I would like to address the speculation in the media over the past few days in relation to my ownership of Chelsea FC,” read Abramovich’s statement. “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.”
