The trustees of the soccer team's charitable foundation will be given stewardship and care by Russian billionaire Roman Abramovich after nearly 20 years of ownership.
The League Final between Manchester City and Chelsea FC will be held in Porto, Portugal. Alexander Hassenstein is the photographer for the UEFA/UEFA.
The trustees of the foundation are in the best position to look after the interests of the Club, players, staff, and fans, according to a statement fromAbramovich.
The announcement comes after the U.K. Prime Minister Boris Johnson outlined sanctions against Russian banks, members of Putin's inner circle and wealthy Russians who park their wealth in the country.
According to Forbes estimates, the billionaire is worth $3.2 billion after purchasing the soccer team.
The story will be updated.
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