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Chelsea owner Roman Abramovich released a statement on Saturday afternoon which says he is ‘giving trustees of Chelsea’s charitable Foundation the stewardship and care of Chelsea FC.’

The statement read: ‘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.

Piara was a serious and committed MESGO III participant from September to March before graduating in September

Piara was a serious and committed MESGO III participant from September to March before graduating in September

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‘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.’

There are six trustees of the Chelsea Foundation and they ar