Abramovich hands over control of Chelsea to club's foundation
SCS
-0.0400
The Fort Worth Press - Abramovich hands over control of Chelsea to club's foundation
USD
-
AED 3.673042
AFN 68.266085
ALL 93.025461
AMD 389.644872
ANG 1.80769
AOA 912.000367
ARS 1001.795932
AUD 1.547988
AWG 1.795
AZN 1.70397
BAM 1.85463
BBD 2.025224
BDT 119.861552
BGN 1.854725
BHD 0.376464
BIF 2962.116543
BMD 1
BND 1.344649
BOB 6.930918
BRL 5.79695
BSD 1.002987
BTN 84.270352
BWP 13.71201
BYN 3.282443
BYR 19600
BZD 2.02181
CAD 1.41005
CDF 2865.000362
CHF 0.888255
CLF 0.035345
CLP 975.269072
CNY 7.232504
CNH 7.23645
COP 4499.075435
CRC 510.454696
CUC 1
CUP 26.5
CVE 104.561187
CZK 23.965904
DJF 178.606989
DKK 7.07804
DOP 60.43336
DZD 133.184771
EGP 49.296856
ERN 15
ETB 121.465364
EUR 0.94835
FJD 2.27595
FKP 0.789317
GBP 0.792801
GEL 2.73504
GGP 0.789317
GHS 16.022948
GIP 0.789317
GMD 71.000355
GNF 8643.497226
GTQ 7.746432
GYD 209.748234
HKD 7.785135
HNL 25.330236
HRK 7.133259
HTG 131.85719
HUF 387.22504
IDR 15898.3
ILS 3.744115
IMP 0.789317
INR 84.47775
IQD 1313.925371
IRR 42092.503816
ISK 137.650386
JEP 0.789317
JMD 159.290693
JOD 0.709104
JPY 154.340504
KES 129.894268
KGS 86.503799
KHR 4051.965293
KMF 466.575039
KPW 899.999621
KRW 1395.925039
KWD 0.30754
KYD 0.835902
KZT 498.449576
LAK 22039.732587
LBP 89819.638708
LKR 293.025461
LRD 184.552653
LSL 18.247689
LTL 2.95274
LVL 0.60489
LYD 4.898772
MAD 9.999526
MDL 18.224835
MGA 4665.497131
MKD 58.423024
MMK 3247.960992
MNT 3397.999946
MOP 8.042767
MRU 40.039827
MUR 47.210378
MVR 15.450378
MWK 1739.225262
MXN 20.35475
MYR 4.470504
MZN 63.903729
NAD 18.247689
NGN 1665.820377
NIO 36.906737
NOK 11.08797
NPR 134.832867
NZD 1.704318
OMR 0.384524
PAB 1.002987
PEN 3.80769
PGK 4.033
PHP 58.731504
PKR 278.485894
PLN 4.096724
PYG 7826.086957
QAR 3.656441
RON 4.725204
RSD 110.944953
RUB 99.872647
RWF 1377.554407
SAR 3.756134
SBD 8.390419
SCR 13.840372
SDG 601.503676
SEK 10.978615
SGD 1.343704
SHP 0.789317
SLE 22.603667
SLL 20969.504736
SOS 573.230288
SRD 35.315504
STD 20697.981008
SVC 8.776255
SYP 2512.529858
SZL 18.240956
THB 34.842038
TJS 10.692144
TMT 3.51
TND 3.164478
TOP 2.342104
TRY 34.447038
TTD 6.810488
TWD 32.476804
TZS 2667.962638
UAH 41.429899
UGX 3681.191029
UYU 43.042056
UZS 12838.651558
VES 45.732111
VND 25390
VUV 118.722009
WST 2.791591
XAF 622.025509
XAG 0.033067
XAU 0.00039
XCD 2.70255
XDR 0.755583
XOF 622.025509
XPF 113.090892
YER 249.875037
ZAR 18.18901
ZMK 9001.203587
ZMW 27.537812
ZWL 321.999592
- Philippines warns of 'potentially catastrophic' Super Typhoon Man-yi
- Wales take on Australia desperate for victory to avoid unwanted record
- Tyson beaten by Youtuber Paul in heavyweight return
- Taylor holds off bloodied Serrano to retain undisputed crown
- Japan PM expresses concern to Xi over South China Sea situation
- Tens of thousands flee as Super Typhoon Man-yi nears Philippines
- Hoilett gives Canada win in Suriname as Mexico lose to Honduras
- Davis, James spark Lakers over Spurs while Cavs stay perfect
- Mushroom houses for Gaza? Arab designers offer home-grown innovations
- Gabon votes on new constitution hailed by junta as 'turning point'
Abramovich hands over control of Chelsea to club's foundation
Chelsea's Russian owner Roman Abramovich said Saturday he was handing over the "stewardship and care" of the Premier League club to the trustees of its charitable foundation.
The move comes with Russia under intense scrutiny following its invasion of Ukraine this week.
Billionaire Abramovich, who took over at Stamford Bridge in 2003, said in a statement: "During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as a custodian of the club, whose job it is ensuring that we are as successful as we can be today, as well as build for the future, while also playing a positive role in our communities.
"I have always taken decisions with the club's best interest at heart. I remain committed to these values. That is why I am today giving trustees of Chelsea's charitable foundation the stewardship and care of Chelsea FC.
"I believe that currently they are in the best position to look after the interests of the Club, players, staff, and fans."
It is understood Abramovich took the decision in order to protect Chelsea from continued links to the wider global political situation as war rages in Ukraine.
On Wednesday, using parliamentary privilege, Liberal Democrat MP Layla Moran named him as one of 35 "key enablers" to Russian leader Vladimir Putin who should be sanctioned.
T.Gilbert--TFWP
