China News Service, Beijing, March 3. In the early morning of Beijing time on the 3rd, the owner of the Premier League Chelsea Club and Russian billionaire Roman Abramovich stated through the club's official statement that he had made the decision to sell the Chelsea club.
Abramovich said he believed it was in the best interests of the club, fans, staff and the club's sponsors and partners.
On March 3, 2022, Chelsea officially issued a statement saying that Abramovich decided to sell the football club (data map).
Image credit: Osports All Sports Photo Agency
Abramovich, 56, became owner of Chelsea in 2003 and has invested heavily in building the team.
After Abramovich took over, Chelsea has been among the top football clubs in Europe for the past 20 years, winning a number of laurels including the Champions League and the Premier League.
"It was a very difficult decision and it pained me to be separated from the club in this way," said Abramović, who made the decision from the bottom of his heart in the best interests of the club.
The sale of the club will not happen quickly, but will follow proper procedures.
For him, it was never about business or money, but pure passion for the game and the club.
In addition, he will not ask for any loan repayments and has instructed the team to establish a charitable foundation to donate all net proceeds from the sale.
"It has been the privilege of my life to be part of Chelsea FC and I am proud of all that we have achieved together. Chelsea FC and its supporters will always be in my heart," he said.
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