Russian tycoon Roman Abramovich announced that he put Chelsea up for sale

Roman Abramovich issued a statement through the official website of Chelsea. Photo: REUTERS/Michael Steele

the russian tycoon Roman Abramovich He decided to put an end to the speculations and chose to release a statement in which he confirmed that he will sell the Chelseaclub of the Premier League acquired in 2003. In the midst of the sanctions to the different businessmen of Russian nationality in different parts of the world and mainly in England, the owner of the club will put the institution up for sale and donate all profits to “the victims of the war in Ukraine”. I will not ask for any loan to be repaid. This has never been for business or for money for me, but rather out of pure passion for the game and the Club”, stated the businessman in an official document that was published on the official website of the Blues.

“I have instructed my team to establish a charitable foundation to which all net proceeds from the sale will be donated. The foundation will be for the benefit of all the victims of the war in Ukraine. This includes providing critical funds for urgent and immediate needs of victimsas well as support long-term recovery work,” he argued.

“It was a very difficult decision to make and It hurts me a lot to have to leave the club. I hope I can come back One last time at Stamford Bridge so I can say goodbye to everyone. It has been a privilege to be part of Chelsea and I am very proud of everything we have achieved, ”he continued in his farewell. Abramovich bought Chelsea in 2003 for an amount close to 100 million euros and since then it has become one of the most relevant teams in Europewith 18 titles which include the two conquests in the Champions League and five Premier League titles. An American consortium, with the billionaire Hansjoerg Wyss at the head, has been one of the first to show interest in acquiring the club, although they have been reluctant with the price demanded by the Russian tycoon.

I can imagine running Chelsea together with some partners., but I have to look at the general conditions first. What I’m definitely not going to do is go into something like this alone. If I buy Chelsea, it will be with a consortium of six or seven investors.”, he underlined Wyss.

Abramovich He is one of the richest people in Russia and it is considered “close” to President Vladimir Putin. After the Russian offensive in Ukraine, several media outlets claimed that he would be banned from entering the United Kingdom, although it has not yet been confirmed by the British authorities.

THE FULL COMMUNICATION

I would like to address the speculation in the media in recent days regarding my ownership of Chelsea FC. As I have said before, I have always made decisions with the best interest of the Club in mind. In the current situation, therefore, I have made the decision to sell the Club, as I believe it is in the best interest of the Club, the fans, the employees, as well as the Club’s sponsors and partners.

The sale of the Club will not be accelerated but will follow due process. I will not ask for any loan to be repaid. This has never been about business or money for me, but rather out of pure passion for the game and the Club. In addition, I have instructed my team to establish a charitable foundation to which all net proceeds from the sale will be donated. The foundation will be for the benefit of all the victims of the war in Ukraine. This includes providing critical funding for victims’ urgent and immediate needs, as well as supporting long-term recovery work.

Please know that this has been an incredibly difficult decision to make and it pains me to part with the Club in this way. However, I think this is the best for the Club.

I look forward to visiting Stamford Bridge one last time to say goodbye to all of you in person. It has been the privilege of my life to be part of Chelsea FC and I am proud of all our joint achievements. Chelsea Football Club and its fans will always be in my heart.

Thank you,

Roman

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