Bruce Buck step down as Chelsea Chairman as new owner Todd Boehly is set to take up the role.
New Chelsea owner Todd Boehly is expected to take over as chairman after the club announced Bruce Buck will step down from the role at the end of the month.
Buck, who has been chairman since 2003 has decided to stand down following the Boehly/Clearlake takeover.
Boehly has adopted a hands-on role over all aspects of the since the takeover and the expectation is now that he will take the title of chairman.
In a statement, Chelsea said: “Chelsea Football Club today announced that Bruce Buck, who has served as Chairman since 2003, will be stepping down from his role effective 30 June. He will continue to support the Club as a Senior Advisor.
“During Buck’s chairmanship, Chelsea solidified its position as one of the world’s elite football clubs and a globally recognised brand followed by millions. In that time, the men’s team earned 18 major trophies (more than any other English club) while Chelsea FC Women won 12 major trophies.
“The club also grew its commercial revenues significantly, established world class training facilities at Cobham, and developed one of the best youth academies in football. In 2010, Buck, as Trustee and Chairman, helped establish The Chelsea FC Foundation, which supports a broad range of initiatives including increasing access to youth athletics, hosting education and employment programmes, and leading anti-discrimination campaigns.”
Buck said: “I am proud to have helped Chelsea realise great success on the pitch and make a positive impact in the community.
“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.
“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. We thank Bruce for his service and his commitment to the club.”
