After 19 years of carefully managing Chelsea, Roman Abramovich has decided to sell the West London club following immense pressure on him due to the Ukrainian invasion by Russia.
Last week, the 55-year-old announced, on Chelsea’s official website, that he be would be handing over the stewardship and care to Chelsea’s charitable foundation. The Chelsea owner has denied accusations over his alleged links to Russian President Vladimir Putin and his regime.
Although the Russian oligarch has been criticized and was asked to step down, the fans have showered him with their support as he is one of the main reasons for Chelsea’s success in the past two decades.
Abramovich has spent a huge amount on buying players and that has been the driving force behind their success. Under his reign, they have won five Premier League titles and two Champions League titles in 2012 and 2021. Investing in the playing squad has to be the most important agenda for the new owner, according to Mirror UK.
He has once in a while pulled back on his spending but lately, it was once again at its most elevated, as they are looking to keep pace with giants Manchester City and Liverpool. Building another stadium was one of the objectives on his agenda, but the plan could not go through because his UK citizenship application was rejected in 2018. The other condition that has to be met by the new owner is to build another home for the Blues.
It was confirmed by the Russian businessman, on Wednesday, that he plans to sell Chelsea but he is going to take his time and will follow due process, and will not fast-track it due to the pressure.