Ukraine in a statement confirming his plans to sell Chelsea. The 55-year-old has owned the Blues since he shelled out £140million to purchase the club back in 2003.However, speculation over his position at the club has been rife following Russia's invasion of Ukraine.The war has ramped up the pressure on the UK government to impose sanctions on Russian oligarchs.And Abramovich confirmed his plans to sell the Blues in a lengthy statement on Wednesday night - and he also revealed that all 'net proceeds' from the sale would be donated to victims of the war.In his statement confirming Blues exit, Abramovich specified: "I have instructed my team to set up a charitable foundation where all net proceeds from the sale will be donated.
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