How Roman Abramovich Fell From Grace Following Russia Invasion of Ukraine

A several days after the start off of the war, Abramovich said he was promoting Chelsea FC, ending 19 decades of ownership.

Abramovich announced he was selling the Leading League soccer staff on March 2.

“I have hence taken the choice to market the Club, as I feel this is in the best desire of the Club, the admirers, the staff, as well as the Club’s sponsors and associates,” he explained in a assertion at the time.

“In addition, I have instructed my team to set up a charitable foundation where all web proceeds from the sale will be donated. The foundation will be for the profit of all victims of the war in Ukraine,” he extra.

Other than the euphemistic point out of “victims”, the assertion did not tackle the particulars of the war, blame Russia for invading, or mention the sanctions that compelled the sale.

In Might 200 the $5.3 billion sale was accomplished, and the club now belongs to LA Dodgers co-operator Todd Boehly and investment business Clearlake Cash Group.