Abramovich relinquishes control of Chelsea, still owns club

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Abramovich relinquishes control of Chelsea, still owns club
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Chelsea owner Roman Abramovich suddenly handed over the 'stewardship and care' of the Premier League club to its charitable foundation trustees on Saturday.

LONDON — Chelsea owner Roman Abramovich handed over the"stewardship and care" of the Premier League club to its charitable foundation trustees on Saturday in an apparent move to fend off calls for him to completely give up control following Russia’s invasion of Ukraine.

“I believe that currently they are in the best position to look after the interests of the club, players, staff, and fans.” “During my nearly 20-year ownership of Chelsea FC," he said,"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.”

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