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Abramovich Chelsea statement causes confusion

A statement by Roman Abramovich about handing over the stewardship of Chelsea to the club's charitable trustees has led to considerable confusion: https://www.chelseafc.com/en/news/2022/02/26/statement-from-club-owner-roman-abramovich

Evidently it is an attempt to avoid any damage to the club as a result of sanctions against the Chelsea owner.   However, what it means in practice is far from clear - other than that the club is not for sale.

Abramovich is perceived as a close associate of Russian president Putin but regards that as unfair.  One of his daughters has criticised the invasion of Ukraine.

It would appear that Abramovich will no longer be involved in club matters on a day-to-day basis and that long-term strategic decision-making powers will reside with the Chelsea Foundation.   The five trustees are Chelsea women's manager Emma Hayes, club chairman Bruce Buck, sports lawyer John Devine, former sports minister and Chelsea fan Hugh Robertson and the club's finance director Paul Ramos.

The club's supporters' trust have stated: 'We note Mr Abramovich's statement and are seeking urgent clarification on what this statement means for the running of Chelsea FC.'

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