The war in Ukraine affects sport and, through its close connection with the billions of oligarchs, the richest men in the world. The Russian-born Roman Abramovich has handed over the administration of the English Champions League winners Chelsea to the trustees of the football club’s charitable foundation as a first reaction.
“During the nearly 20 years that I have owned Chelsea FC I have always seen myself as the custodian of the club whose job it is to ensure that we are as successful as we can be today while playing a positive role in our community ‘ said Abramovich.
He always acted in the interest of the club. Therefore, he is now putting the management and supervision of the club in the hands of the trustees, Abramovich continued. They are in the best position to look after the interests of the club, players, staff and fans.
fear of sanctions
Apparently, the billionaire feared that “his” club could be sanctioned due to its ties to the Putin regime.