The 76-year-old has held the position for the past 19 years since Roman Abramovich’s purchase of the west London club in 2003 and was set to remain at the post following Todd Boehly’s takeover.
Despite extensive discussions with the club’s new owners about his future, Buck will step down as chairman at the end of the month – although he will continue to support the club in a new role as Senior Advisor.
“I’m proud to have helped Chelsea achieve great success on the pitch and make a positive impact on the community,” said the longtime director.
“Now is the right time to step down and let new owners build on the strong foundations we have.
“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.”
Chelsea won 18 major trophies during Buck’s stewardship of the club, as well as 12 with the women’s team, and he also played a key role in establishing Chelsea’s charitable foundation.
“Bruce has led Chelsea Football Club to the highest levels of international and domestic football while developing one of the most active social responsibility projects in sport,” said Boehly.
“We thank Bruce for his service and commitment to the club.”
Boehly – who heads a consortium majority-funded by investment firm Clearlake Capital – is now set to chair Chelsea.
Buck may not be the only high-profile member of the Abramovich-era hierarchy to leave Stamford Bridge this summer, with significant question marks surrounding the future of club director Marina Granovskaia as well.
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https://metro.co.uk/2022/06/20/bruce-buck-explains-shock-decision-to-step-down-as-chelsea-chairman-16856098/ Bruce Buck explains shock decision to step down as Chelsea chairman Soccer