Football: Chelsea owner Abramovich winds up development fund for Russian game
MOSCOW (AFP) - Russian billionaire Roman Abramovich has decided to wind up his Russian football development programme that saw the Chelsea owner plough tens of millions of dollars into the sport in Russia in recent years, his representative said on Wednesday.
The decision was taken as Abramovich's National Football Academy (NAF) "foundation has achieved all of the aims that were set for it," said John Mann said in a statement.
He added that the foundation created around 140 new football pitches across the country and completely renovated the youth Football Academy, which is currently working under control of Samara region authorities.
The foundation has ended its activity in Russia, he added.