Roman Abramovich

Premier League Chief Executive Officer Richard Masters believes Chelsea owner Roman Abramovich’s move to sell the club is ‘the right decision’ in the current situation. 

The Russian Billionaire put the club up for sale early this week following Russia’s attack on Ukraine.

The expected sale has elicited reactions from all quarters, with Masters the latest to dive into the conversation.

Speaking to Financial Times, the Premier League CEO further said the sooner the sale concludes, the better for all stakeholders.

“I think it’s the right decision,” he said. “I think the situation has escalated incredibly quickly over the last seven days. I think he’s come to the right conclusion. its sort of unsustainable in the current environment, so it’s welcome decision and obviously for the sake of everybody including the fans the soon the sale process concludes and completes the sooner everyone will have certainty.

Abramovich has been in charge of the London club for the last 19 years, in what is the club’s most successful period in their history.

During the time, the Blues won all trophies, including the FIFA Club World Cup, which they lifted in February.

The 55-year-old values the club at £4 billion, with the net proceeds set to help victims of the war in Ukraine.


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