A dramatic turnaround in world football.
The owner of the Chelsea football club, Roman Abramovich, decided today (Saturday) to transfer the club to a mutual fund.
The decision of the Russian oligarch stems from the economic sanctions imposed by the West following Russia's invasion of Ukraine.
Statement from Club Owner Roman Abramovich.
- Chelsea FC (@ChelseaFC) February 26, 2022
The owner's spokesman said: "I have been Chelsea's owner for the last two and a half years. I have always made difficult decisions and everything has been for the club. I am still committed to my values and therefore transfer the responsibility to the club's trust fund. The club, the players, the professional team and the fans. "
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