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Chelsea owner Roman Abramovich says he is handing over the care of the club in a bombshell statement.
The Russian billionaire said he was "giving trustees of Chelsea’s charitable Foundation the stewardship and care of Chelsea FC".
It follows a turbulent few days for Abramovich, during which his future has been question.
He said: "During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as a custodian of the Club, whose job it is ensuring that we are as successful as we can be today, as well as build for the future, while also playing a positive role in our communities.
"I have always taken decisions with the Club’s best interest at heart. I remain committed to these values. That is why I am today giving trustees of Chelsea’s charitable Foundation the stewardship and care of Chelsea FC.
"I believe that currently they are in the best position to look after the interests of the Club, players, staff, and fans."
His future had been thrown into doubt this week following Russia's invasion of Ukraine.
There is no suggestion Abramovich is in any way involved, but this week Labour MP Chris Bryant had called for him to be banned from owning the club.
Despite the gravity of the statement, huge questions remain over how exactly Chelsea will be run moving forward.
It is not known if the move will be permanent or temporary, nor is it clear if he will consider selling his stake in the club.
Blues boss Thomas Tuchel had earlier addressed the situation.
The German said: "We should not pretend that this is not an issue and I agree.
"The situation for me and for everybody here, for the players, is horrible. Nobody expected this.
"It’s pretty unreal, it’s clouding our minds, clouding excitement towards the final and it brings huge uncertainty."
- Chelsea FC
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