Roman Abramovich announces decision to sell Chelsea

A Russian businessman, Roman Abramovich, is one of the world’s wealthiest individuals. He’s also close to Russian President Vladimir Putin, according to reports.

The same richest individual, Abramovich, has just made a startling announcement. He has decided to sell Chelsea, the English football club he owns, in order to help the injured in Ukraine, which is under Russian bombardment. His decision is now being debated around the globe.

The funds from the sale of the club, he maintains, would be utilised to heal individuals injured in the Russia-Ukraine conflict. He said he had “unfortunately decided to sell the club” in a statement released Wednesday night.

He made the declaration 62 minutes before the start of Luton Town’s FA Cup fifth-round match. Chelsea won 3-2 to advance to the quarterfinals.

Chelsea was purchased by Abramovich in July 2003. Since then, the club has won 17 prestigious awards. By establishing Chelsea as the ‘powerhouse of the club,’ he has ushered in a new age.

Supporting slogan
During Chelsea’s game, supporters chanted slogans in support of Roman Abramovich. Chelsea supporters chanted slogans in his support, saying, “He has transformed the club and kept Chelsea in the title chase.” He stated that the choice to sell Chelsea was in the best interests of the club.

He has been subjected to a variety of limitations in the UK as a friend of Russian President Vladimir Putin, which have been tightened. He was recently denied entry to the United Kingdom. He was in the UK on a business visa. His visa is about to expire.

What is the value of the club?
He stated that the whole earnings from the sale of the club would be utilised to establish a trust to treat the war-wounded. “For the past 19 years, I’ve been a member of the club.” For me, this is a really emotional period. ‘I’ve instructed the team to execute the club’s sale as quickly as possible.’

Abramovich has a $14 billion fortune.
Abramovich, a Russian billionaire, has a nett worth of $14 billion, according to Forbes. He is placed 142nd on Forbes’ list of billionaires for 2021. He owns a number of private jets as well as a significant collection of high-end automobiles.

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