The Charity Commission has been informed of a "serious incident" at the Chelsea Foundation, which is linked to Roman Abramovich.
- On Saturday, Roman Abramovich released a statement that was 110 words long, neither mentioning Ukraine nor Russia. He announced that he would relinquish control of Chelsea, but would remain the owner.
- The six trustees expressed their concerns about the compatibility of running the club with UK charity law during a meeting on Sunday and requested additional information.
- Since purchasing Stamford Bridge in 2003, Abramovich has invested over £1billion into the club and will not be requesting repayment of the loans he extended to the club.
Before the trustees of the Chelsea Foundation agree to take over "custody and care" of the club as requested by owner Roman Abramovich, a "serious incident" was reported to the Charity Commission by the Chelsea Foundation.
On Saturday, Russian billionaire Abramovich released a statement that was 110 words long, neither mentioning Ukraine nor Russia. He announced that he would relinquish control of Chelsea but would remain the owner.
The six trustees expressed their concerns about the compatibility of running the club with UK charity law during a meeting on Sunday.
The lawyers of the foundation are currently examining the feasibility of Abramovich's proposal.
Before the trustees take control of the club while Abramovich remains owner, they must be completely comfortable legally.
The Charity Commission has contacted the charity for information and, in accordance with their guidance, the charity has submitted a report to the commission. The commission cannot provide any further comment at this time.
According to the Charity Commission, a "serious incident" is any event that causes harm to the charity's beneficiaries, staff, volunteers, or others who interact with the charity through its work, results in the loss of the charity's funds or assets, damages its property, or negatively impacts its work or reputation.
Chelsea FC released a second statement on Sunday morning, 14 hours after Abramovich's statement on Saturday was heavily criticized, saying: "The situation in Ukraine is horrific and devastating. Chelsea FC's thoughts are with everyone in Ukraine. Everyone at the club is praying for peace."
Both Jamie Carragher and Gary Neville from Sky Sports criticized Abramovich's statements from Chelsea, questioning whether his transfer of stewardship and care is equivalent to transferring ownership.
Carragher stated that they should have been more forceful in their words about Roman Abramovich transferring ownership of Chelsea to trustees, emphasizing that this is not the same as relinquishing control over the club.
Although he remains in charge and continues to run it, I believe it's inappropriate that he didn't mention the situation in Ukraine in his initial statement.
Neville characterized Abramovich's statement as "meaningless," stating that it lacked substance and the only question he wanted Abramovich to address if he was to speak was whether he supported or condemned the war in Ukraine.
Roman Abramovich, despite his impressive accomplishments over the past 20 years, has been particularly adept at remaining silent. When he has spoken, however, his words have often left more questions than answers.
Neville stated that he would have preferred Roman Abramovich to publicly declare his Russian nationality, ownership of Chelsea Football Club, and his intention to continue owning the club.
Roman Abramovich, the owner of Chelsea, will be in charge of the football club, with executives and directors under his guidance. However, it seems that he thought this move would go unnoticed, as he has been using the charity as a shield. This behavior is not impressive as a leader.
Chelsea not for sale - but who will run the club?
Since purchasing Stamford Bridge in 2003, Abramovich has invested over £1billion into the club and will not be requesting repayment of the loans he extended to the club, ensuring its long-term future.
Chelsea is not for sale, as Abramovich remains adamant about it.
But there are now questions about his long-term future at the club.
The likelihood of Abramovich resuming a prominent role at the club will depend heavily on whether he faces any sanctions and the outcome of the conflict in Ukraine and the UK's relationship with Russia.
Sky Sports News' chief reporter Kaveh Solhekol stated that many Chelsea fans would be interested in knowing if the billionaire owner would continue to invest in the club. While Solhekol believes that Abramovich will continue to support the team, this could change if the UK government imposes sanctions on him, as they have not done so yet.
This week, MPs have urged that Abramovich, a Russian-born billionaire, should not be permitted to own Chelsea due to suspected ties to Putin's government.
On Thursday, Russian troops crossed the border into Ukraine. In response, Labour MP Chris Bryant called for the seizure of assets belonging to the Russian-Israeli billionaire, questioned his right to operate a football club, and cited a leaked government document suggesting he should not be permitted to remain in the UK.
Abramovich will no longer be involved in club matters on a day-to-day basis, and all long-term strategic decision-making powers are being handed over to the Chelsea Foundation.
The trustees of the Chelsea Foundation are Bruce Buck, John Devine, Emma Hayes, Piara Powar, and Hugh Robertson.
The club's executive director Marina Granovskaia, technical advisor Petr Cech, and head coach Thomas Tuchel will continue to operate within the allocated budgets.
According to Solhekol, nothing changes in football matters.
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