Bruce Buck steps down as Chelsea chairman after takeover

By: The Trend Wire

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As a result of the recent change in ownership at the Premier League club, Bruce Buck, who has served as the chairman of Chelsea since 2003, has decided to stand down from his role.

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Buck "will continue to serve the club in his role as a senior advisor," according to a statement released by Chelsea on Monday.

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The British soccer club Chelsea was purchased by a group led by Todd Boehly, a part-owner of the Los Angeles Dodgers

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for a record-breaking sum of $3.2 billion (2.5 billion pounds), making it the biggest amount ever paid for a sports franchise.

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It marked the end of the trophy-filled and 19-year tenure of Roman Abramovich, the Russian oligarch who was forced to sell the club in March after being sanctioned by the British government

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for what it called his enabling of Russian President Vladimir Putin's "brutal and barbaric invasion" of Ukraine.

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Abramovich was forced to sell the club after being sanctioned by the British government for what it called his enabling of Russian President Vladimir Putin's "brutal and barbaric invasion"

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Boehly remarked that "Bruce has led Chelsea Football Club to the highest levels of international and domestic football while also developing one of the most active social responsibility projects in sport."

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Boehly went on to say that "Bruce has led Chelsea Football Club to the highest levels of international and domestic football." "We are grateful to Bruce for the service he has provided and his dedication to the club."