Chelsea
Politics & Society
Russian Oligarch Roman Abramovich Hands Chelsea Stewardship To Charity Trust
The Russian oligarch Roman Abramovich is the owner of Chelsea, a UK Premier League football club. He has invested more than £1B into the Stamford Bridge club since purchasing it in 2003. Abramovich will not be asking the club to repay the loans it owes him. Thus, the long-term future of the club remains secure. Due to the Russian invasion of Ukraine, Abramovich has handed "stewardship and care" of Chelsea to the club's charitable foundation following Russia's invasion of Ukraine.
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