Chelsea trustees have ethical concerns over Abramovich’s ‘management’ transfer and have not yet agreed to apply

owner made a shocking announcement on Saturday, confirming that he would hand over the “management” of the club

Chelsea trustees who were given control of the club by owner Roman Abramovich have ethical and legal concerns over the surprise announcement and have not yet agreed to the move.

Abramovich released a statement on Saturday confirming he would hand over the “management” of Chelsea to the trustees of the club’s charitable foundation.

The move comes amid scrutiny the Russian oligarch has faced over his alleged ties to Vladimir Putin following Russia’s invasion of Ukraine this week.

What happened?

GOAL understands that foundation members feel that there are legal and regulatory issues, as well as ethical concerns, about the change.

Abramovich had no discussions with the trustees before making the announcement on Saturday.

It is also understood that the trustees have not yet agreed to the request to take over the administration of the club.
Is Abramovich’s move an attempt to avoid sanctions?

Labor MP Chris Bryant accused Abramovich of trying to prevent the UK government from sanctioning him over alleged links to the Russian state.

Bryant used parliamentary privilege on Thursday to say that in 2019, the Interior Ministry identified links between Abramovich and the Russian state, as well as “corrupt activities and practices”.

Bryant told The Guardian Sunday: “I’m worried this is a classic Russian ruse to save yourself from being sanctioned.

“He could save himself a lot of trouble condemning Putin and his criminal invasion of Ukraine.”

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