Roman Abramovich has handed over the stewardship of Chelsea Football Club to the Foundation, it has been confirmed.
Following speculation and uncertainty of Abramovich’s position as a result of Russia’s invasion of Ukraine and the pressures put on the Blues owner by the UK Government and others, the Russian-born businessman has relinquished the stewardship of Chelsea to the Foundation.
Those Trustees are as follows: Bruce Buck, John Devine, Emma Hayes, Piara Powar, Paul Ramos and Sir Hugh Robertson.
What this means for the long-term future of the football club remains unclear, but for now, Abramovich has put the interests of the club above all else.