Sports

[JUST IN]: Russia vs Ukraine: Roman Abramovich hands over Chelsea

Published

4 years ago

February 26, 2022

Editor

Chelsea owner, Roman Abramovich, has handed the club over to a charitable organisation.

Abramovich made this known in a statement on Saturday.

This is following the decision of Russian President, Vladimir Putin ,to go to war with neighbouring Ukraine.

European Union, EU, are seizing assets belonging to Russians and the Russian government as part of their sanctions on the country.

There have been calls for Chelsea to be taken away from Abramovich and the billionaire businessman on Saturday handed the club’s care and stewardship over to Chelsea’s Charitable Foundation, saying he believes they are in the best position to take proper care of it.

His statement reads:

“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.”

Up Next

EPL: Abramovich Under Fire For Not Condemning Putin As He Hands Chelsea Over

Don't Miss

Blessing Okagbare Gets 10-year Ban For Doping

Comments

Sports

EPL: ‘Go For Alvarez’ – Paul Merson Hands Arsenal Two Signings To Make

Published

2 days ago

May 26, 2026

Editor

Arsenal legend, Paul Merson, has handed his old club two signings to make in the summer.

Merson wants Arsenal to sign Atletico Madrid striker Julian Alvarez and a new midfielder.

“I would get a centre forward this summer, I would go for Julian Alvarez,” Merson said on The Good, The Bad & The Football podcast.

“I am a big fan. If they could get him, I would. I still think they probably need another midfield player as well.”

Arsenal is expected to bolster its squad in the summer after winning the Premier League title ahead of Manchester City this season.

Sports

EPL: Wayne Rooney Picks Most Improved Player This Season

Published

2 days ago

May 26, 2026

Editor

Manchester United legend, Wayne Rooney, has picked the Red Devils defender Luke Shaw as the most improved player in the Premier League following the conclusion of the 2025/26 season.

Speaking on his BBC podcast, Rooney said, “I think, for me, Luke Shaw. I think Luke Shaw has been the most improved player this season.

“I know he is an experienced player now, but I think his level this season has been much better than it has been in recent seasons.

“People might look at Kobbie Mainoo but I don’t think he’s improved. It was just the fact he wasn’t playing under the former manager so it wasn’t good or bad.”

Shaw enjoyed one of his most consistent seasons at Man United and started all of Man United’s Premier League games.

Sports

EPL: Maresca Signs Three-year Contract To Replace Guardiola At Man City

Published

2 days ago

May 26, 2026

Editor

Former Chelsea and Leicester City manager, Enzo Maresca has signed a three-year contract with Manchester City.

Maresca will now replace Pep Guardiola, who took charge of his last game on Sunday – a 2-1 defeat to Aston Villa in the Premier League.

Football transfer expert, Fabrizio Romano, wrote on X on Tuesday: “Enzo Maresca has already signed a three-year deal as Manchester City’s new manager.

“Agreement until June 2029 and new chapter to start soon at #MCFC, with Maresca fully involved in the transfer strategy.

“Here we go, 100% confirmed.”

Maresca has been out of work since he left Stamford Bridge in January this year and has snubbed offers while waiting for the City job.