Roman Abramovich Is Going To Sell ChFootball Clubelsea

Roman Abramovich has confirmed he is selling Chelsea Football Club, with all net proceeds from the sale to be donated to victims of the war in Ukraine. Roman Abramovich says net proceeds from the sale of Chelsea will be donated to a foundation "for the benefit of all victims of the war in Ukraine". Earlier this week, Labour MP Chris Bryant used Parliamentary Privilege to also reveal Abramovich is selling his UK home and another flat, telling the House of Commons the Russian billionaire is "terrified of being sanctioned". He handed "stewardship and care" of Chelsea to the club foundation's trustees on Saturday, in a move aimed to protect the Stamford Bridge club following Russia's invasion of Ukraine. Abramovich is owed £1.5billion by Chelsea after buying the club in a £140m deal in 2003, but says he will not ask for any of the loans to be repaid. "This has never been about business nor money for me, but about pure passion for the game and club," Abramovich said. He also added that the sale of Chelsea "will not be fast-tracked but will follow due process". He also mentioned that he wants, if possible, to be able to visit Stamford Bridge one last time to say goodbye properly. Roman Abramovich I believe is doing this because he believes it to be in the best interests of the club and also the supporters. We have to say that because of the current situation in Ukraine and the fact Russia has invaded Ukraine and the fact that he is a Russian oligarch, used to be a governor of a province and used to be a member, effectively MP, in Russia who was close to Vladimir Putin, he really had no choice because it didn't look like he was going to be able to carry on being the owner of Chelsea.