Abramovich ally Bruce Buck leaves Chelsea FC after 20 years

• Buck, 76, will step down at the end of June, though he will remain a senior adviser to the club’s new owners.
• The American attorney was essential to the Russian oligarch’s takeover of Chelsea.
• Buck became the chairman of Chelsea in 2003 after advising Abramovich on the £150 million takeovers.

Bruce Buck, one of Roman Abramovich’s closest confidants, resigns as chairman of Chelsea Football Club following the £2.5 billion sales of the English Premier League club.

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Buck, 76, will step down at the end of June, though he will remain a senior adviser to the club’s new owners, Chelsea announced on Monday.

The American attorney was essential to the Russian oligarch’s takeover of Chelsea and the following transformation of the club into one of the best in European football.

After advising Abramovich on the £150 million takeovers in 2003, Bruce Buck became the chairman of Chelsea. After the billionaire was faced with sanctions, he played a crucial role in the club’s sale to a group led by US financier Todd Boehly and investment firm Clearlake Capital.

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Boehly, co-owner of the Los Angeles Dodgers baseball franchise, and Clearlake purchased Chelsea for £2.5bn and agreed to invest a further £1.75bn in the club over the next decade, in accordance with Abramovich’s rigorous terms.