Roman Abramovich is confident Chelsea will be in good hands under the Todd Boehly/Clearlake Capital consortium after it was confirmed the takeover will go through on Monday.
The Premier League club on Saturday released a statement revealing a new era that the deal is set to go through at the start of next week.
Abramovich put the club up for sale in March before he was sanctioned by the UK government due to his links to Russia's President Vladimir Putin following the invasion of Ukraine.
The Boehly-led consortium this month agreed a £4.25billion deal to acquire the London club.
Abramovich stated when he put Chelsea up for sale that the full amount that is paid to buy the club would go to a charitable foundation, with the money distributed to victims of the war in Ukraine.
The 55-year-old on Saturday released a farewell statement.
He said: "It has been nearly three months since I announced my intention to sell Chelsea FC. During this time, the team have worked hard to find the right custodian for Chelsea FC that would be best positioned to successfully lead the club into its next chapter.
"The ownership of this club comes with great responsibility. Since I came to Chelsea nearly twenty years ago, I have witnessed first-hand what this club can achieve.
"My goal has been to ensure that the next owner has a mindset that will enable success for the men's and women's team, as well as the will and drive to continue developing other key aspects of the club, such as the academy and the vital work of Chelsea Foundation.
"I am pleased this search has now come to a successful conclusion. As I hand over Chelsea to its new custodians, I would like to wish them the best of success, both on and off the pitch.
"It has been an honour of a lifetime to be a part of this club – I would like to thank all the club's past and current players, staff, and of course fans for these incredible years.
"I am proud that as a result of our joint successes, millions of people will now benefit from the new charitable foundation which is being established. This is the legacy which we have created together."
Coventry boss Mark Robins: Manchester United are the ‘biggest club in the world’
Coventry boss Mark Robins has scoffed at the “derisory” criticism of Manchester United, insisting his side’s FA Cup semi-final opponents remain the biggest football club on the planet.
Robins began his career at Old Trafford and his history with the club is firmly intertwined with the cup, with his third round winner against Nottingham Forest in 1990 often cited as the goal that saved Sir Alex Ferguson from the sack.
Ferguson’s latest successor in the hot seat, Erik ten Hag, could do with firming up his own position and could find himself on extremely rocky ground if the Red Devils were denied a shot at silverware by Championship opposition.
They are winless in four games since reaching the last four with a penalty shootout victory over Liverpool and sit seventh in the Premier League table, but Robins believes their problems have been overstated.
“People, pundits, are talking in a derisory way about Manchester United and what they’re doing, how they’re performing,” he said.
“For people who are talking about Manchester United are this or that, or they concede lots of shots: you’re talking about a team that is full of talented players, top international players. We know they are clearly favourites to win this game, by a million miles, simple as that.
“They can hurt anybody on their day. The game against Liverpool their goals were outstanding. So you’ve got a lot of things to consider, especially as a Championship club going up against the biggest club in the world.
“For Manchester United, this is a normal occasion. They play at Wembley a lot of times, there’s some England internationals there and other internationals who’ve played at Wembley on numerous occasions. It’s an expectation for them and their supporters; for us it’s slightly different.”
The Sky Blues booked their place in the last four with a dramatic 3-2 win over Wolves, with stoppage-time strikes from Ellis Simms and Haji Wright completing a remarkable upset.
The euphoria of that result has not carried in to their league form though, with three losses in their last four games leaving their play-off hopes – and regular games against the likes of United – all but over.
With that in mind, Robins has urged everyone connected to the club to make the most of the experience in front of them.
“We’ve already given the fans a special occasion getting there. Being in the national stadium with Manchester United, it doesn’t get much bigger than that,” he said.
“It’s a brilliant opportunity for everyone and there’s a lot of excitement around the city. There is a global reach there for Coventry City, the world will be tuning in and it’s a great occasion for all of our players.”
One player who will not be part of City’s big day is Kasey Palmer, suspended after picking up a booking for encroaching on the pitch to celebrate the late triumph over Wolves.
“In the moment it’s the reaction we all made, you don’t necessarily think too much about it,” Said Robins.
“It was really poor but the rules are the rules and you’ve got to abide by them. Unfortunately for him and for us, we can’t use him.”
A look at what is at stake in the EFL and National League this weekend
Derby will look to clinch promotion on Saturday, while Fleetwood, Port Vale and Sutton seek to keep their battles against relegation alive.
Nothing will be decided this weekend in the Premier League or Championship, but there is plenty at stake in the lower two tiers of the EFL, while the National League regular season concludes at Saturday lunchtime.
Here, the PA news agency looks at the issues in play.
League OnePortsmouth have sealed the title and Derby will go up with them if they better both Bolton and Peterborough’s results. The Rams travel to Cambridge on Saturday, while Bolton host Port Vale and Posh are at Bristol Rovers.
Barnsley will clinch a play-off spot if they avoid defeat to Blackpool and match Lincoln’s result against Cheltenham, as will Oxford if they beat Stevenage on Friday night and Lincoln and Blackpool then both drop points.
Fleetwood will be down unless they beat Leyton Orient, Burton lose to Reading and Cheltenham do not win. Port Vale are also vulnerable if they fail to match Burton’s result, or if they lose and Cheltenham win.
League TwoSutton will be relegated if they lose or if Colchester match their result – if both win, it would additionally take a point for Grimsby to seal Sutton’s fate on Saturday.
Victory for Crewe would see them lock up a play-off place and the same is true for Barrow if either Crawley or Walsall drop points. Crewe’s place could also be confirmed if two of Crawley, Walsall and Doncaster – the latter of whom play Barrow – fail to win.
National LeagueThe final weekend of the regular season sees the last play-off place up for grabs between FC Halifax Town, Aldershot and Southend.
Victory for Halifax against Eastleigh would clinch their place, barring a ridiculous goal difference swing to Aldershot – they would have to hammer Dagenham and Redbridge by at least 15, so will more realistically be hoping to better Halifax’s result. Should both teams lose, Southend’s superior goal difference means a win over Rochdale would see them in.
Boreham Wood need a win, coupled with dropped points for any of Woking, Ebbsfleet, York or Wealdstone, to avoid relegation. A draw could be enough for Wood, but only if Woking lose by five goals at home to Fylde.
FA vows concerned clubs will not ‘lose out’ over scrapping of FA Cup replays
The Football Association insists it “understands the concerns” of EFL clubs over the scrapping of FA Cup replays and will be sharing details with them on how new revenue will be generated.
The FA announced on Thursday that replays would be abolished from the first round onwards, sparking criticism from the EFL and its clubs over a lack of consultation.
However, football’s national governing body has moved to allay some of the fears clubs have expressed over the move.
“We understand the concerns expressed over the last 24 hours, and we will be sharing more details with clubs very shortly to explain the additional revenue opportunities in the early rounds,” the FA statement said.
“We will keep this under review as the new calendar begins to ensure that EFL and National League clubs do not lose out.”
The scrapping of replays has been driven to a large extent by a need to reduce calendar congestion, with UEFA’s expanded club competitions beginning next season.
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