Izuchukwu Okosi
Following the Ukraine invasion by Russia which has claimed scores of lives, Chelsea owner Roman Abramovich on Saturday announced that he would be handing over the club to the trustees of the Chelsea Charitable Foundation.
Join our WhatsApp ChannelThe Russian multi-billionaire has been under pressure to relinguish Chelsea ownership due to his alleged links with Vladimir Putin’s regime.
Abramovich who is one of the world’s wealthiest business moguls has acqueised to the demands albeit not giving up ownership of his investment.
In a statement from Abramovich which was released on the club’s website, the Chelsea owner 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.”
The Chelsea FC Foundation trustees include John Devine, Paul Ramos, Piara Powar, Emma Hayes, Sir Hugh Robertson and Bruce Buck.
Izuchukwu Okosi is a Nigerian sports and entertainment journalist with two decades of experience in the media industry having begun his media journey in 2002 as an intern at Mundial Sports International (MSI) and Africa Independent Television (AIT), owners of Daar Communications Plc.
