EPL: Abramovich’s plan to ‘hand over’ Chelsea under investigation

Chelsea owner, Roman Abramovich, has seen his attempt to transfer the “stewardship and care” of the club to the Premier League club’s foundation, reported to the British body that oversees charities by the trustees.

Abramovich made the announcement in a statement on Saturday, following calls for him to be sanctioned after Russia’s invasion of Ukraine.

Read Also :  Transfer: Man United told to send Cristiano Ronaldo on loan

The Charity Commission, which regulates the Chelsea Foundation, has now received a “serious incident report” from its trustees amid concerns about how the Russian billionaire’s plan can be enacted.

The foundation is made up of chairman, Bruce Buck, women’s team manager Emma Hayes and director of finance Paul Ramos. The trustees with more separation from the club include British Olympic Association chairman Hugh Robertson, lawyer John Devine and anti-discrimination leader Piara Powar.

Read Also :  EPL: He’s my best friend – Park Ji-sung hails ex-Man Utd star

The Charity Commission is requesting for more information from them about the running of the club and the foundation.

“We have contacted the charity seeking information. And, in line with our guidance, the charity has also made a report to the commission. We cannot comment further at this time,” the commission said.

Read Also :  Ballon d’Or: Thierry Henry picks two players to win award this year

Abramovich has provided no indication that he is going to sell Chelsea and the trustees have not publicly accepted Abramovich’s plan.

Be the first to comment

Leave a Reply

Your email address will not be published.