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Roman Abramovich agrees to sell Chelsea and give money to ‘all victims of the war in Ukraine’

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Roman Abramovich has confirmed his decision to sell Chelsea amid Russia’s continued invasion of Ukraine.

He is a Russian-Israeli billionaire who has owned the Blues since 2003 and helped the Stamford Bridge team win 19 major titles.

But the 55-year-old’s glittering reign in west London is coming to an end, with a host of billionaires having publicized their interest in a deal.

Swiss billionaire Hansjorg Wyss and US investor Todd Boehly are understood to be two of the parties joining forces and are currently preparing a bid for the Blues.

“I would like to address the speculation in the media over the past few days regarding my ownership of Chelsea FC,” read Abramovich’s statement.

“As I have said before, I always make decisions in the best interest of the club.

“In light of the current situation, I have decided to sell the club because I believe it is in the best interest of the club, its fans, staff, as well as its sponsors and partners. club.”

Wyss, 86, has revealed his intention to move to Chelsea.

Abramovich will likely be subject to UK government sanctions due to his proximity to the Russian state, although he is also believed to have tried to broker a peace deal between Russia and Ukraine.

He has vowed not to rush to sell a club that has won two Champions League titles, as well as the Club World Cup title earlier this year, in his possession.

Abramovich has also pledged to donate any proceeds from the sale of the club to help the victims of the war in Ukraine.

“The sale of the club will not be expedited but will be due to due process,” Abramovich’s statement continued.

“I will not ask to repay any loans. This has never been about business or money for me, but about pure passion for the game and the club. Furthermore, I instructed my team to set up a charity where all proceeds from the sale would be donated.

“The foundation will be for the benefit of all victims of the war in Ukraine. This includes providing critical funds for the immediate and urgent needs of victims, as well as supporting long-term recovery work. ”

The longtime Chelsea owner has revealed his sadness at giving up ownership of the Blues, hoping he will get one more visit to Stamford Bridge before the club is sold.

“Please know that this has been an extremely difficult decision to make, and it is with great pain that I have to leave the club in this way,” Abramovich said in his statement.

“However, I believe this is in the best interest of the club.

“I hope that I will be able to visit Stamford Bridge one last time to say goodbye to all of you.

“It has been a privilege in a lifetime to be a part of Chelsea FC and I am proud of all our joint achievements. Chelsea Football Club and its supporters will always be in my heart. ”

https://www.independent.ie/sport/soccer/premier-league/roman-abramovich-agrees-to-sell-chelsea-and-give-money-towards-all-victims-of-the-war-in-ukraine-41404460.html Roman Abramovich agrees to sell Chelsea and give money to ‘all victims of the war in Ukraine’

Fry Electronics Team

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