Roman took charge of Chelsea 2003 but has been under scrutiny in recent days because of his links to the Russian government that has this week invaded Ukraine.
A club statement released stated:
During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as a custodian of the Club, whose job is ensuring that we are as successful as we can be today, as well as building 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.