Roman Abramovich hands club over to trustees in a stunning statement

Chelsea Owner  Roman Abramovich on the club’s website has announced he was “giving trustees of Chelsea’s charitable foundation the stewardship and care of Chelsea FC.”

The Russian invasion of Ukraine – under the orders Vladimir Putin, has put Abramovich’s ownership of Chelsea under sudden scrutiny, but this is still almost totally unexpected. Labour MPs had begun questioning Russian ownership of clubs in the UK, but it didn’t yet feel like it had the weight to threaten the man who has been in serene command at Chelsea for almost 20 years.

“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,” Abramovich explained in a statement released on Chelsea’s official website.

“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.

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

The Chelsea FC Foundation trustees include John Devine, Paul Ramos, Piara Powar, Emma Hayes, Sir Hugh Robertson and Bruce Buck.

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Ignatius Aboagye-Dacosta is a Ghanaian digital media entrepreneur, football content creator, and sports marketing professional with a strong focus on African and global football. He is the founder and editor of SoccaNews.com, a football news platform launched in 2019 and rebranded from 433Ghana, committed to delivering timely news, player profiles, match analysis, and insightful football stories. Ignatius has built a solid reputation in digital publishing and social media growth, managing multiple sports and entertainment platforms that amplify African football narratives to a global audience. His work blends journalism, branding, and audience engagement, with a clear passion for promoting Ghanaian and African football talents worldwide. In addition to media, Ignatius currently serves as the Operations Manager at Global Fish Link Limited, a Tema-based company, where he oversees daily operations, coordination, and strategic execution. This role has strengthened his expertise in business operations, logistics, and organizational management. Through his media platforms and professional engagements, Ignatius continues to contribute to the growth of digital sports journalism and sports business in Africa.
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