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Football London
Football London
Sport
Daniel Orme

Roman Abramovich statement: What it means for Chelsea and how it affects his club ownership

Chelsea owner Roman Abramovich has confirmed that he has handed over the care and stewardship of the club amid the ongoing conflict between Russia and Ukraine.

The billionaire - who has owned the club since his 2003 takeover - has relinquished the decision-making duties at the club, with the Trustees of the west London outfit’s charitable arm now assuming that responsibility.

Abramovich’s statement on Saturday read: "During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as a custodian of the club, whose job it is ensuring that we are as successful as we can be today, as well as build for the future, while also playing a positive role in our communities.

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