Chelsea owner Roman Abramovich made his decision to sell the London club on Wednesday.
A statement from Abramovich, published on the team’s official website, said: “I would like to address speculation in the media over the past few days regarding Chelsea’s ownership. As I mentioned before, decisions have always been made in the best interest of the club. In the current situation, I have made the decision to sell the club, as I believe this is in the best interest of the club, the fans, and the staff as well as the club’s sponsors and partners.”
The Russian owner of Chelsea added: “the sale of the club will not be rushed but will follow due process. I will not ask to repay any loans. This was never about work or money for me, but about pure passion for the game and the club. Furthermore, I have instructed my team to establish a charity in which all net proceeds from the sale will be donated. The basis will be for the benefit of all victims of the war in Ukraine. This includes providing the necessary funds to meet the immediate needs of victims, as well as supporting long-term recovery work,” he said.
Roman Abramovich concluded: “it was a very difficult decision, and it hurts me to break away from the club in this way. However, I think this is in the best interest of the club, I hope I can visit Stamford Bridge one last time to say goodbye to all of you personally. It has been a privilege of a lifetime to be part of the Chelsea club and I am proud of all our shared achievements. “Chelsea Football Club and its supporters will always be in my heart.