The Russian will remain as owner although is handing the “stewardship and care” of the club to trustees from within the Blues’ foundation.
Chelsea owner Roman Abramovich has announced that he will be handing the day-to-day running of the club to trustees in a shock statement released on February 26.
The Russian national has been at the helm at Stamford Bridge for almost 20 years, but his ties to his home country have come under scrutiny amid Russia’s invasion of Ukraine this week.
And while he will be remaining as the club’s owner, Abramovich will be less hands-on after “giving the trustees of Chelsea’s charitable foundation the stewardship and care” of the Blues.
