27th February 2022
Last night – at 6.45pm on Saturday – Chelsea Football Club unexpectedly published this statement:
Statement from Club Owner Roman Abramovich.
— Chelsea FC (@ChelseaFC) February 26, 2022
In terms of media coverage, the statement could not have been timed better.
It was early enough to be just about picked by the Sunday newspapers, but late enough to avoid lengthy scrutiny.
And it was at that time on a Saturday that those on Twitter are expecting ‘breaking’ stories.
Accordingly, the statement was quickly taken (and shared) by many in news and sports media as being significant.
This apparent significance also seemed warranted by the content of the statement, which I publish below (with sentences split out):
“Statement from Club Owner Roman Abramovich
“During my nearly 20-year ownership of Chelsea FC, I have always viewed my role as a custodian of the Club, whose job it is ensuring that we are as successful as we can be today, as well as build 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.”
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Let us look at what this actually says.
One phrase which stands out is “stewardship and care” – which Abramovich is “giving” to the “trustees of Chelsea’s charitable Foundation”.
Two sentences before that phrase – deftly – this is framed as a “decision”.
This looks solemn and legally meaningful.
But.
The statement has no legal meaning at all.
Indeed, it would seem that the statement was crafted deliberately so as to give the impression that something legally significant was happening – a “decision” to transfer a thing to “trustees” – when nothing legally significant was happening at all.
This is PR – and this is what you get when you can afford expensive and wily PRs.
And it had the desired effect:
Chelsea's Russian owner Roman Abramovich to hand over "stewardship and care" of club to its charitable foundation https://t.co/OUIQJCevwj
— BBC Breaking News (@BBCBreaking) February 26, 2022
And there were many excited tweets from those in news media who should have known better suggesting the statement said something important.
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The phrase “stewardship and care” looks like it should be a legal phrase.
It is similar to, say, “duty of care” (which is a legal term of art) – and “stewardship” has a nice legal-ish comforting ring to it.
But it is flapdoodle.
What one transfers to trustees is not “stewardship and care” but ownership of property.
The trustees then – literally – hold that property on trust on behalf of beneficiaries.
But if you look at the Chelsea FC statement there is no property been passed to trustees.
The word “trustees” is, in effect, a misdirection.
They may as well be assistant referees or physiotherapists, for their title is – strictly speaking – irrelevant to what is being described
It is very skilfully put-together statement for journalists and others in a hurry.
And only those with a background in commercial and trusts law would realise immediately that the statement did not actually say what it seemed to say.
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This does not mean that the fact of such a statement is not without its own significance.
There would be a purpose to such a statement at such a time: statements like this are not randomly put out at 6.45pm on a Saturday when Russia is invading Ukraine.
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Of course: there is nothing wrong about retaining ownership of Chelsea FC – even from my perspective as an Aston Villa supporter.
It is certainly not defamatory to say that Abramovich remains as much the owner of Chelsea FC after this statement as he was before.
(And we would especially like to welcome all the representatives of London’s defamation law enforcement community who have chosen to join us here on the law and policy blog at this time.)
Nothing on this blog should be taken to mean that one should think any worse of anyone involved – indeed, this post registers admiration at a such a perfectly deft exercise in PR.
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