Abramovich with open letter to the fans: “Never been about business nor money”

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Explained reasons 

Russian oligarch Roman Abramovich has laid open his reasons to sell Premier League club, Chelsea. “Please know that this has been an incredibly difficult decision to make, and it pains me to part with the Club in this manner,” Abramovich wrote underlining that he feels that it is for the best of the club.

“I would like to address the speculation in media over the past few days in relation to my ownership of Chelsea FC,” Abramovich wrote in the statement. “As I have stated before, I have always taken decisions with the Club’s best interest at heart. In the current situation, I have therefore taken the decision to sell the Club, as I believe this is in the best interest of the Club, the fans, the employees, as well as the Club’s sponsors and partners.”

Lukaku at the top: Chelsea FC record signings

15. Didier Drogba | 2004/05 from Marseille

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Fee: €38.5m

14. Michy Batshuayi | 2016/17 from Marseille

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Fee: €39m

12. Tiemoué Bakayoko | 2017/18 from Monaco

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Fee: €40m

12. Hakim Ziyech | 2020/21 from Ajax

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Fee: €40m

11. Andriy Shevchenko | 2006/07 von Milan

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Fee: €43.9m

10. Mateo Kovacic | 2019/20 from Real

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Fee: €45m

9. Ben Chilwell | 2020/21 from Leicester

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Fee: €50.2m

8. Timo Werner | 2020/21 from RB Leipzig

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Fee: €53m

7. Jorginho | 2018/19 from Napoli

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Fee: €57m

6. Fernando Torres | 2010/11 from Liverpool

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Fee: €58.5m

5. Christian Pulisic | 2018/19 from BVB

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Fee: €64m

4. Àlvaro Morata | 2017/18 from Real

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Fee: €66m

2. Kepa | 2018/19 from Athletic Bilbao

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Fee: €80m

2. Kai Havertz | 2020/21 from Leverkusen

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Fee: €80m

1. Romelu Lukaku | 2021/22 from Inter

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Fee: €115m

The sale of the club will not be rushed but will follow due process. Abramovich will also not ask for the return of the debt owed by the club. “This has never been about business nor money for me, but about pure passion for the game and club,” Abramovich said. “Moreover, I have instructed my team to set up a charitable foundation where all net proceeds from the sale will be donated. The foundation will be for the benefit of all victims of the war in Ukraine. This includes providing critical funds towards the urgent and immediate needs of victims, as well as supporting the long-term work of recovery.”

Bin Salman, Kroenke & Co. – The owners of the 20 Premier League clubs

Newcastle – Mohammed Bin Salman* (Saudi-Arabia)

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*as head of the Public Investment Fund

Take over: 2021

Info: The pictures show the majority owners of the club, who not always own 100% of the shares.

Arsenal – Stan Kroenke (USA)

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Takeover: 2008

Aston Villa – Wes Edens (USA) & Nassef Sawiris (Egypt)

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Takeover: 2018

Brentford – Matthew Benham (England)

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Takeover: 2011

Burnley – Alan Pace (USA)

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Takeover: 2020

Brighton – Tony Bloom (England)

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Takeover: 2011

Crystal Palace – Steve Parish (England)

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Takeover: 2011

Chelsea – Roman Abramovich (Russia)

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Takeover: 2003

Everton – Farhad Moshiri (Iran)

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Takeover: 2016

Leeds – Andrea Radrizzani (Italy)

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Takeover: 2017

Leicester – Aiyawatt Srivaddhanaprabha (Thailand)

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Takeover: 2019

Liverpool – John Henry (USA)

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Takeover: 2010

Manchester City – Mansour Al-Nahyan (VAE)

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Takeover: 2008

Manchester United – Joel Glazer* (USA)

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*and family

Takeover: 2003

Norwich – Delia Smith & Michael Wynn Jones (England)

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Takeover: 1998

Southampton – Jisheng Gao (China)

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Takeover: 2017

Southampton – Dragan Solak (Serbia)

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Takeover: In 2022, Dragan Solak bought 80% of the club’s shares from Jisheng Gao (left) for £100 million. Katharina Liebherr (right) continues to hold 20% of the shares.

Tottenham – Daniel Levy (England)

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Takeover: 2000

Watford – Gino Pozzo (Italy)

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Takeover: 2012

West Ham – David Sullivan (Wales) & David Gold (England)

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Takeover: 2010

Wolverhampton – Guo Guangchang (China)

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Takeover: 2016

Abramovich: “Chelsea Football Club and its supporters will always be in my heart”

After announcing his intention to sell the club, a Swiss billionaire has been the first to voice his interest in purchasing the Premier League club. “Abramovich is currently trying to liquidate all his houses in England,” Hansjörg Wyss said to the Swiss paper Blick. “He also wants to quickly get rid of Chelsea. I was one of three people to receive an offer to buy Chelsea from Abramovich.” 


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