“In the current situation, I have therefore taken the decision to sell the Club, as I believe this is in the best interest of the Club, the fans, the employees, as well as the Club’s sponsors and partners.”
“Please know that this has been an incredibly difficult decision to make, and it pains me to part with the Club in this manner,” he added.
After calls of Abramovich’s sanctions from the U.K., he had said that he was transferring stewardship of the club to the trustees of a charitable foundation.
A Ukrainian advocate, Daria Kaleniuk, executive director of the Anti-Corruption Action Center, told UK President Boris Johnson, “You’re talking about more sanctions, prime minister. But Roman Abramovich is not sanctioned. He is in London. His children are not in the bombardments. His children are there, in London.”
Abramovich bought London-based Chelsea, which is currently in third place in the Premier League, behind the leader Manchester City and Liverpool, in 2003.