Roman Abramovich, the Russian oligarch who turned Chelsea into a global powerhouse, announced Saturday he’s surrendering control of the club to trustees of its charitable foundation, throwing into question the billionaire’s future as owner amid the growing threat of sanctions against him.
Abramovich faced calls to denounce Vladimir Putin after the Russian president ordered troops to invade Ukraine earlier this week. The 55-year-old has distanced himself from Putin and his regime.
British politician Chris Bryant on Thursday urged the U.K. government to freeze Abramovich’s assets, pointing to leaked documents from 2019 that suggested the Russian had links to “corrupt” activity.
“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,” Abramovich said in a statement.
“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.”
Bloomberg reported Friday that several investors and private equity firms were preparing potential offers to buy Chelsea and were ready to swoop in if the U.K. decided to sanction Abramovich. The club has reportedly fielded one inquiry already.
British Prime Minister Boris Johnson raised the prospect of freezing the assets of more Russian oligarchs who work and trade in the U.K. when he announced the “largest and most severe package of economic sanctions that Russia has ever seen” on Thursday.
The extent of Abramovich’s relationship with Putin is unknown, but a British high court ruled in 2012 that the billionaire had “very good relations” with and “privileged access” to the Russian president.
Representatives for Russian opposition leader Alexei Navalny, who was poisoned in August 2020, claimed in January that Abramovich was one of several “key enablers” of Putin’s regime.
Putin and the Kremlin have denied involvement in Navalny’s poisoning, and Abramovich has denied Navalny’s claims.
Abramovich has kept a low profile since allowing his U.K. visa to expire in 2018 amid a diplomatic dispute between London and Moscow over the poisoning of former Russian spy Sergei Skripal and his daughter in southern England.
Abramovich returned to Stamford Bridge for the first time in three years in November after gaining Israeli citizenship. Holders of Israeli passports can stay in the U.K. without a visa for up to six months at a time but can’t work in the country.
Reuters reported in December that Abramovich had obtained Portuguese citizenship under a law that provides passports to descendants of Jewish people who fled the Iberian peninsula during the medieval Inquisition. Crucially, Abramovich had gained an EU passport, which made working in the U.K. easier.
Chelsea, who’ve won 21 titles since Abramovich bought the club for £140 million in 2003, will now fall into the care of the six trustees, including club chairman Bruce Buck, Chelsea Women manager Emma Hayes, and Piara Powar, executive director of anti-discrimination organization FARE.
Breaking down thrilling EPL title race with 10 games left
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One of the most intoxicating title races in Premier League history is, mercifully, ready to resume.
The quirks of the calendar – an FA Cup weekend succeeded by an agonizing international window – means the titanic tussle between Arsenal, Liverpool, and Manchester City will have been on hiatus for a full three weeks before it gets back underway on Sunday.
But there are no more impending interruptions. With 10 matches remaining for each title contender, we’re barreling toward a resolution to the type of three-way battle that’s exceedingly rare in England’s top flight. There’s never been a season in the Premier League era where three teams went into the final day with a chance to hoist the trophy. This could be it. The last time it happened was the 1971-72 campaign, when Derby County won an incredible four-team fight, narrowly beating Leeds United and, ominously, Liverpool and Man City to the crown. We’re overdue for that kind of drama.
That three sides have converged this way at all is, frankly, remarkable.
These are the three best teams in the country by an enormous margin. They’re the only ones with an expected goal difference per game of plus-1.0 or greater this season. The next best mark, surprisingly, belongs to Mauricio Pochettino’s erratic Chelsea team at plus-0.36. So, yeah, it’s not close.
The three of them are also on a tear and show no signs of slowing down. Arsenal have won all eight of their league games in 2024, scoring 33 goals in the process; Liverpool have collected 22 of a possible 27 points in that time; reigning champions Manchester City have racked up 23 of 27 points. They’ve combined for just one loss since the calendar flipped – Liverpool’s 3-1 defeat against Arsenal in early February.
The only sides that look capable of halting their progress are each other, which makes this weekend’s clash between Manchester City and Arsenal at the Etihad all the more significant.
Euro 2024 playoffs: Miraculous Ukraine comeback, big result for Wales
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Wales, Greece, and Poland registered statement wins Thursday, joining three other teams in next Tuesday’s playoff finals for the three remaining places at Euro 2024.
Ukraine staged an incredible late comeback against Bosnia and Herzegovina in its semifinal to keep its Euro dream alive.
The highest-placed team in FIFA’s rankings that’s no longer in contention to reach the tournament in Germany is 60th-placed Finland.
Here’s how the playoff semifinals across Path A, B, and C played out.
Path A
Mateusz Slodkowski / Getty Images Sport / Getty
Poland 5-1 Estonia
Estonia barely stood a chance. Down to 10 men as early as the 27th minute, the northern Europeans could only muster a consolation goal in a 5-1 loss to Poland. The Polish achieved the rout without Robert Lewandowski getting on the scoresheet and remain unbeaten in 21 Euro qualifiers at home, a magnificent run dating back to September 2006. Poland is trying to make up for a poor qualifying campaign in which it finished third in Group E, four points behind the Czech Republic and Albania. The country hasn’t missed the Euros since 2004.
Wales 4-1 Finland
The Red Wall might descend on Germany this summer. Wales’ raucous supporters have legitimate hopes of traveling to another major tournament after the Dragons scorched Finland without the retired Gareth Bale and with Aaron Ramsey, 33, on the bench after more injury problems. Teemu Pukki gave the visiting team some hope just before halftime following well-taken finishes from David Brooks and Neco Williams. But Wales needed just 73 seconds of the second period to restore its two-goal cushion via Brennan Johnson’s tap-in. Daniel James took advantage of a defensive error before rounding the goalkeeper in the 86th minute to give the host a resounding victory.
Playoff final: Wales vs. Poland, Tuesday 3:45 p.m. ET
Path B
David Balogh – UEFA / UEFA / Getty
Israel 1-4 Iceland
Iceland’s Albert Gudmundsson stole the show with an emphatic hat-trick against Israel on Thursday. His stunning free-kick into the top right corner canceled out Eran Zahavi’s opening goal for Israel, and he created a nice cushion for his country with a pair of markers in the final 10 minutes. Just before that, Zahavi blew an incredible opportunity to equalize the match at 2-2, missing a penalty awarded for handball against Iceland’s Gudmundur Thorarinsson. A red card to Israel’s Haim Revivo didn’t help the trailing side. Iceland is now a game away from making only its second-ever appearance at the Euros following its quarterfinal run in 2016.
Bosnia and Herzegovina 1-2 Ukraine
Ukraine scored twice with just minutes remaining in regulation to snatch what seemed to be a sure victory from Bosnia and Herzegovina on Thursday. Bosnia controlled play for most of the match and took the lead in the 56th minute when Mykola Matviyenko turned in Amar Dedic’s shot into his own net. But a colossal defensive lapse cost the Bosnians a chance to make it a record four countries from the former Yugoslavia at Euro 2024. Roman Yaremchuk came off the bench to equalize in the 85th minute and teed up Artem Dovbyk’s sensational winning header three minutes later to turn the playoff semifinal on its head. Ukraine now faces Iceland with a third consecutive Euro appearance at stake.
Playoff final: Ukraine vs. Iceland, Tuesday 3:45 p.m. ET
Path C
GIORGI ARJEVANIDZE / AFP / Getty
Georgia 2-0 Luxembourg
Two clever finishes from Budu Zivzivadze in Tbilisi assured Georgia of a place in Path C’s final – and all without the help of suspended talisman Khvicha Kvaratskhelia. But it wasn’t that simple for the host. Luxembourg thought it equalized during the second half, only for the goal to be eventually snatched away due to Maxime Chanot’s apparent foul 45 seconds earlier. Luxembourg’s Chanot was controversially sent off for denying a clear goal-scoring opportunity, and Zivzivadze effectively ended the match six minutes later with his second strike. Kvaratskhelia is available for the final.
Greece 5-0 Kazakhstan
Anastasios Bakasetas lashed home a penalty, Dimitrios Pelkas headed into the net’s roof, Fotis Ioannidis tapped in from close range, and Dimitrios Kourbelis added another header. And that was all before halftime. Kazakhstan’s impressive 2022-23 Nations League campaign and notable Euro 2024 qualifying wins over Denmark, Northern Ireland (twice), and Finland suddenly seemed ages ago, as Greece recorded its biggest halftime lead since October 1978 (5-0 against Finland). Aleksandr Marochkin’s embarrassing own goal in the 85th minute made Kazakhstan’s day even worse.
Playoff final: Georgia vs. Greece, Tuesday 1:00 p.m. ET
Look: Nike unveils beautiful kit selection for Euro 2024, Copa America
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Nike released a stunning batch of threads ahead of Euro 2024 and Copa America on Monday.
Days after Adidas launched its lineup for the summer’s top two tournaments, Nike followed suit with an array of colorful designs.
The U.S. manufacturer also announced redesigns for Canada and Poland, even though they’ve yet to qualify for their respective tournaments. The Canucks face Trinidad and Tobago in a one-off Copa America qualifier on Saturday, while Poland must navigate a four-team playoff to reach Euro 2024.
(All images courtesy of Nike)
Euro 2024
Croatia
Home
The square-shaped design that gives Croatia its unique look gets a slight upgrade. The home shirt features larger squares than ever before.
Away
Croatia’s away shirt plays on the national flag, with the traditional checkered pattern now on a slant.
England
Home
Influenced by England’s 1966 training gear, the home shirt has a classic feel with a rich blue collar and gorgeous trim along the cuffs.
Away
England embraces a deep purple hue for its away selection. The crest stands out with a contrasting off-white tint that makes the three lions pop.
France
Home
France’s home shirt may have the biggest crest of all of Nike’s offerings. The oversized rooster defines this shirt as much as the royal blue that’s made France’s kits a crowd-pleaser.
Away
The pinstripes mirror the colors of France’s national flag and span the width of the shirt in a simple, yet elegant design.
Netherlands
Home
Nike could’ve offered anything orange here, and it would’ve been perfect. But the Netherlands has something bolder and better to wear. The zig-zag pattern adds edge.
Away
The orange collar and cuffs pop alongside the three shades of blue Nike has chosen to create the abstract design on this work of art.
Poland
Home
Poland dedicates premium real estate on the country’s home shirt to its imposing crest.
Away
Poland’s away shirt is a daring choice. The graphic treatment adds texture, giving it a rugged feel while separating from the red tones of years past.
Portugal
Home
With possibly the best home shirt in Nike’s collection, Portugal leans heavily into its traditional red-and-green motif with a polo collar and thick cuffs. The logo sits prominently as well. A smash hit.
Away
Here’s another winner. Portugal’s away strip has a stunning textile imprint that gives off a cool summer vibe.
Turkey
Home
This is a menacing look. Turkey will look like a whirring red army with these imposing shirts.
Away
The classic red band returns to Turkey’s away uniform. Like the others, it features an oversized crest in the middle of the shirt.
Copa America
Brazil
Home
Nike goes big with Brazil’s crest and adds an intricate design to the same yellow hue the Selecao have used for decades.
Away
Brazil’s secondary strip feels like the beach. A horizontal wavy pattern covering the entire shirt mimics the country’s picturesque coastline.
Canada
Home
The only blemish in Nike’s lineup. Why is there a circle around the swoosh? And why are the shoulders so much darker than the body? None of it makes sense.
Away
The 13 pinstripes are supposed to represent the 10 provinces and three territories that make up Canada. Unfortunately, the rest of the shirt looks incomplete.
United States
Home
The United States men’s national team gets a classic home shirt with patriotic detailing along the color and sleeves.
Away
The gradient works perfectly with the red shorts the U.S. will wear at the Copa America.