Saturday, May 28, 2022

HomeSportsEPL: Real reason Abramovich handed over Chelsea revealed

EPL: Real reason Abramovich handed over Chelsea revealed

Chelsea owner, Roman Abramovich, has given up his stewardship of the club in order to prevent it from “becoming hostage to anti-Russian sanctions”, according to a close friend of the billionaire.

On Saturday, the Premier League side confirmed Abramovich has transferred his stewardship to the trustees of the club’s charitable foundation.

ALSO READ:  EPL: Lampard reacts as Iwobi’s error leads to 2-1 defeat for Everton

Chelsea’s charitable foundation is led by the club’s chairman, Bruce Buck.

Abramovich can continue to fund Chelsea, however, the inner workings of the club will remain unchanged, with Marina Granovskaia still in charge of football operations.

However, Abramovich has moved to distance himself from the club following President Vladimir Putin’s decision to invade Ukraine.

ALSO READ:  EPL: Salah sets two records after Liverpool’s win over Norwich City

“He’s really doing it to stop the club from becoming hostage to anti-Russian sanctions, which are going to be around for a while now,” a friend of Abramovich told the Financial Times.

Read Also: EPL: Finally, Frank Lampard gets new job

ALSO READ:  Morata and Dybala out of Chelsea clash

BREAKING!! Chelsea Defender Silva Signs New Contract

Earlier this week, the UK Government announced sanctions against Russian banks, oligarchs and companies.

While Abramovich has not received any sanctions, Labour MP Chris Bryant has called for the seizure of his assets, including Chelsea.

For publication of your news content, articles, videos or any other news worthy materials, please send a mail to thefreshrepo [email protected]

For Advert and other info, you can send a WhatsApp Message to +2348084076066

How To Make Money On Freshreporters=>

Join thousands of readers to receive daily Latest News:


Most Viewed news

close button