Roman Abramovich has confirmed his decision to sell Chelsea amid Russia's continued invasion of Ukraine.
The Russian-Israeli billionaire, who's owned the Blues since 2003 and helped steer the Stamford Bridge club to 19 major trophies, has promised to donate money from the sale to help victims of the war.
But the 55-year-old's glittering reign in west London is now effectively over, with a consortium of billionaires already making their interest in a deal public.
Swiss billionaire Hansjorg Wyss and USA investor Todd Boehly are understood to be two of the parties joining forces and now preparing a bid for the Blues.
"As I have stated before, I have always taken decisions with the club's best interest at heart," read Abramovich's statement on Wednesday.
"In the current situation, I have therefore taken the decision to sell the club, as I believe this is in the best interest of the club, the fans, the employees, as well as the club's sponsors and partners."
The 86-year-old Wyss has already revealed he would bid for Chelsea as part of a consortium.
Abramovich could yet come under UK government sanctions given his close links to the Russian state, amid suggestions he's been attempting to broker a peace deal between Russia and Ukraine.
Chelsea won two Champions League titles, as well as the Club World Cup title earlier this year, under his ownership.
Abramovich has also pledged to donate any net proceeds from the club's sale to help victims of the war in Ukraine.
In Ukraine, a Russian air strike has hit near Kyiv's southern railway station where thousands of women and children were being evacuated, Ukraine's state-run railway company says, as the UN General Assembly demanded Moscow end its invasion.
The rail company, Ukrzaliznytsya, said there was no immediate word on casualties and that the station building suffered minor damage. Trains were still running.
Ukraine's second biggest city, Kharkiv, also suffered heavy bombardment on the seventh day of the war but Ukrainians denied Russia's claim its forces had taken the Black Sea port of Kherson.
The invasion has yet to achieve Russian President Vladimir Putin's aim of overthrowing Ukraine's government but has sent more than 870,000 people fleeing to neighbouring countries and jolted the global economy as governments and companies line up to isolate Moscow.
The United Nations General Assembly voted overwhelmingly to deplore the invasion "in the strongest terms". It demanded Russia withdraw its forces in a resolution backed by 141 of the assembly's 193 members.