Russia – Ukraine crisis: Chelsea owner, Abramovich hands over club to trustee 24hours after he was barred from England

By Saidu Idris

365Daily – Roman Abramovich, Russian owner of Chelsea football club of England, has succumbed to pressure and handed over the ownership of the club to a trustee, 24 hours after he was barred from living in England over his alleged closeness to Russian government.

His action was contained in a statement on the clubs website on Saturday, February 26, 2022.

He said:”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. I have always taken decisions with the Club’s best interest at heart. I remain committed to these values. That is why I am today giving trustees of Chelsea’s charitable Foundation the stewardship and care of Chelsea FC.

“I believe that currently they are in the best position to look after the interests of the Club, players, staff, and fans.”

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