The Chelsea FC owner, Roman Abramovich has handed over the affairs of the club to trustees of Chelsea’s charitable Foundation.
Mr Abramovich announced this in a statement on Saturday.
This comes amid UK move to take over some of his property including Chelsea FC and his 152 million pounds home.
The British parliament had proposed takeover of Roman
Abramovich`s assets domiciled in UK.
UK and the western are targeting Russian oligarchs in their
sanctions against Russia over Russian invasion of Ukraine.
Here is what Abramovich said in a statement:
“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.”