By Daily Sports Nigeria on February 22, 2022

Roman Abramovich stepping away from control of Chelsea but remains owner; Chelsea trustees want more information about whether running the club would be compatible with UK charity law; Abramovich's position has been under scrutiny since Russia invaded Ukraine

Chelsea Foundation trustees have not yet agreed to take over “custody and care” of the club as requested by owner Roman Abramovich following Russia's invasion of Ukraine.

The six trustees want more information about whether running the club would be compatible with UK charity law and raised their concerns at a meeting on Sunday.

The foundation's lawyers are now working to see whether what Abramovich is proposing can actually be put into effect.

The trustees would need to be totally comfortable from a legal point of view before they assume "control" of the club while Abramovich remains owner.

Russian billionaire Abramovich issued a 110-word statement on Saturday, which did not mention Russia or Ukraine, announcing he would be stepping away from control of Chelsea but would remain owner.

The statement was heavily criticised before Chelsea then released a second, shorter statement 14 hours later on Sunday morning, saying: "The situation in Ukraine is horrific and devastating. Chelsea FC's thoughts are with everyone in Ukraine. Everyone at the club is praying for peace."

Source Sky Sports

Posted February 28, 2022

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