Roman Ambramovich hands over control of Chelsea

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Roman Ambramovich is stepping down as owner of Chelsea Football Club after 19 years. Premier League players have expressed their solidarity with military conflict Ukraine.

He made the announcement a day before Chelsea’s Carabao Cup final against Liverpool at Wembley Stadium.

According to reports, Roman Ambramovich made the decision to protect Chelsea’s reputation as the war in Ukraine rages on. “I have always taken decisions with the club’s best interest at heart,” Abramovich said. “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.

It is unknown whether Roman Ambramovich will face sanctions as part of the UK government’s anti-Russian measures. Abramovich is one of the richest people in Russia and it is said that he is close to President Vladmir Putin.

“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.” Abramovich added.

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