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Abramovich selling Chelsea soccer club in fallout from Russia’s invasion

By ROB HARRIS, Associated Press
Published: March 2, 2022, 12:20pm

LONDON — Faced with the threat of financial sanctions targeting Russians, Chelsea owner Roman Abramovich announced Wednesday he is trying to sell the Premier League club that became trophy-winning machine thanks to his lavish investment.

The decision by the billionaire oligarch to sell his most high-profile asset is one of the clearest signs yet that Russia’s business elite are feeling the repercussions of President Vladimir Putin’s decision to invade Ukraine.

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