Other Sports: Abramovich says he has decided to sell Chelsea Football Club

0
39

LONDON (Reuters) – Russian businessman Roman Abramovich stated on Wednesday he had decided to sell Chelsea Football Club, 19 years after shopping for the London facet, and promised to donate cash from the sale to assist victims of the warfare in Ukraine.

“I’ve all the time taken choices with the membership’s greatest curiosity at coronary heart,” Abramovich stated in assertion revealed by the reigning European and world soccer champions on their web site.

“In the present state of affairs, I’ve due to this fact taken the choice to sell the membership, as I consider that is in the most effective curiosity of the membership, the followers, the workers, in addition to the membership’s sponsors and companions.”

Abramovich stated he wouldn’t ask for loans he has made to the membership – reported to complete 1.5 billion kilos ($2.0 billion) – to be repaid to him and the sale wouldn’t be fast-tracked.

He stated he had informed his aides to arrange a charitable basis which might obtain all internet proceeds from the sale.

“The basis might be for the advantage of all victims of the warfare in Ukraine,” Abramovich stated within the assertion.

“This consists of offering essential funds in the direction of the pressing and instant wants of victims, in addition to supporting the long-term work of restoration.”

($1 = 0.7481 kilos)

(Reporting by William Schomberg; Editing by Kate Holton)



Source link