Chelsea chairman Buck to step down at end of June - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

2022-06-20 01:17:00 PM

Chelsea chairman Bruce Buck will step down at the end of June after 19 years in the role, the Premier League club said today.

Chelsea chairman Bruce Buck will step down at the end of June after 19 years in the role, the Premier League club said today.

Chelsea chairman Bruce Buck will step down at the end of June after 19 years in the role, the Premier League club said on Monday.

A group led by Todd Boehly and Clearlake Capital acquired Chelsea in May after Abramovich put the club up for sale following Russia’s invasion of Ukraine.“I am proud to have helped Chelsea realize great success on the pitch and make a positive impact in the community,” Buck said in a statement. “Now is the right time to step down and let new ownership build on the strong foundations we have in place.

“The owners have a compelling vision for Chelsea’s future, and I look forward to helping them achieve it in this new role alongside our incredible staff, players, coaches and supporters.”Buck, as chairman of the Chelsea foundation trustees, was temporarily given stewardship of the club before Abramovich was sanctioned by the British government following Russia’s invasion of Ukraine which Moscow calls a special military operation.

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American lawyer Buck, who was appointed in 2003 when former owner Roman Abramovich bought the club, will remain as a senior adviser after June 30, Chelsea added.The Stormers came back from a 7-3 deficit in the first half, to clinch the title with an 18-13 victory over the Bulls.13 June 11:54 Aveng finally finds a buyer for Trident Steel Aveng has found a potential buyer for its subsidiary Trident Steel after technical issues about its classification weighed heavily on the JSE-listed construction group’s performance and share price.The Cable , the timing of the rollouts in a detailed timeline would be between 2022 and 2023.

A group led by Todd Boehly and Clearlake Capital acquired Chelsea in May after Abramovich put the club up for sale following Russia’s invasion of Ukraine. “I am proud to have helped Chelsea realize great success on the pitch and make a positive impact in the community,” Buck said in a statement. Stormers flyhalf Manie Libbok, once again had a rocky start in slotting the ball between the posts and only managing three points in the first half with a late penalty. “Now is the right time to step down and let new ownership build on the strong foundations we have in place. The index is now 10% lower than at the start of 2022. “The owners have a compelling vision for Chelsea’s future, and I look forward to helping them achieve it in this new role alongside our incredible staff, players, coaches and supporters. The visitors were reduced to 14 men, as Cornal Hendriks was sent to the sin bin for a dangerous tackle on Ruhan Nel.” Buck, as chairman of the Chelsea foundation trustees, was temporarily given stewardship of the club before Abramovich was sanctioned by the British government following Russia’s invasion of Ukraine which Moscow calls a special military operation. That project shares the codename Project Fela with South Africa,” the leaked report revealed.

The 74-year-old oversaw huge success at Chelsea for both the men’s and women’s teams. Smith kicked a penalty goal in the 64 th minute to reduce their deficit, but Libbok slotted a clever drop goal with six minutes to play, which saw the home side take an 18-13 lead, and they managed to hold out the visitors to snatch the tournament victory. The rand slumped to its lowest level in almost a month, losing almost 4% on Monday morning to trade at R16. “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,” Boehly said. “We thank Bruce for his service and his commitment to the club.” Share article . Emerging market stocks hit their lowest in more than two weeks.