Chelsea owner Roman Abramovich gives "stewardship" of club

Chelsea club owner Roman Abramovich announced on Saturday he will be giving the “stewardship” of the club over to trustees of Chelsea’s charitable foundation. 

“During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as a custodian of the Club, whose job it is ensuring that we are as successful as we can be today, as well as build for the future, while also playing a positive role in our communities. I have always taken decisions with the Club’s best interest at heart. I remain committed to these values. That is why I am today giving trustees of Chelsea’s charitable Foundation the stewardship and care of Chelsea FC,” Abramovich wrote in a statement. 

“I believe that currently they are in the best position to look after the interests of the Club, players, staff, and fans,” he said. 

Abramovich, who was born in Russia, made the announcement after calls he should be barred from owning the English Premier League side due to his ties with Russian President Vladimir Putin’s regime. 

Chelsea are set to play Liverpool in the League Cup Final on Sunday.

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