Premier League chief welcomes Roman Abramovich’s decision

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Premier League chief welcomes Roman Abramovich’s decision to sell Chelsea- Roman Abramovich has made the right decision to sell Chelsea following
Russia’s invasion of Ukraine as the 55-year-old’s ownership had become “unsustainable”, the English Premier League’s chief executive Richard Masters said. Follow Insidesport.IN For more updates

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Amid growing calls for Abramovich to be hit by sanctions after Russia’s invasion of its neighbour, the metals magnate said in a statement on Wednesday that a sale was in the best interests of the reigning European and world soccer champions.

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Premier League chief welcomes Roman Abramovich’s decision to sell Chelsea

Masters welcomed Abramovich’s search for a new owner for the London club but cautioned that sales normally take several weeks.

Premier League: “I think the situation has escalated incredibly quickly over the last seven days and he’s come to the right conclusion,” Masters told the Financial Times Football Business Summit. “It’s unsustainable in the current environment.

“So it’s a welcome decision and obviously, for the sake of everybody, including the fans, as soon as the sale process concludes everyone has certainty.

“I think the situation has escalated incredibly quickly over the last seven days and he’s come to the right conclusion,” Masters told the Financial Times Football Business Summit. “It’s unsustainable in the current environment.

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“So it’s a welcome decision and obviously, for the sake of everybody, including the fans, as soon as the sale process concludes everyone has certainty.”

Premier League chief welcomes Roman Abramovich’s decision to sell Chelsea

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