Abramovich to sell Chelsea FC as rich Russians feel pressure

Billionaire owner vows to donate sale proceeds to victims of Moscow invasion

20220302N Chelsea Abramovich

 Chelsea owner Roman Abramovich celebrates with team after winning the Champions League Pool in 2021. © Reuters

LONDON (Financial Times) -- Roman Abramovich has put Chelsea football club up for sale after 19 years of ownership, waiving 1.5 billion British pounds ($2 billion) it owes him and pledging to donate proceeds of the sale to victims of the war in Ukraine.

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