Bruce Buck will step down as Chelsea chairman effective from 30 June, the club has confirmed.
After 19 years as Chairman of the Blues, Buck will leave his role following the takeover by the consortium led by Todd Boehly and Clearlake Capital last month.
He will step down from his role on 30 June and will continue his work for the club as a Senior Advisor.
Buck leaves Chelsea following the club's most successful period in their history, overseeing 18 major trophies for the Men's side, as well as 12 major trophies for the Women's side.
Advert
The American expressed his pride following the announcement of his departure at the end of the month and believes it's the right time to step aside as the club embarks on a new chapter.
He 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."
Boehly thanked Buck for his long-serving commitment to the Blues, adding: "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.
Advert
"We thank Bruce for his service and his commitment to the Club.”
Buck follow Guy Lawrence out of Chelsea this summer after the CEO's departure was reported last month.
He was in charge of day-to-day operations at Stamford Bridge and now it is two roles that will need to be filled by the new consortium.
A decision has not yet been confirmed by Chelsea on the future of director Marina Granovskaia's future. Alongside Buck, here future was uncertain beyond the summer and with Buck gone, there could now be a shake up as the new owners look to make the club their own.
Advert
Who could take over as Chelsea chairman?
As reported by Ben Jacobs, Boehly is the frontrunner to replace Buck as Chairman when he leaves his post on 30 June.
Boehly has already committed to being all-in at Chelsea as they look to continue the long-term success in west London.
Advert
“We’re all in - 100 percent - every minute of every match. Our vision as owners is clear: we want to make the fans proud.
"Along with our commitment to developing the youth squad and acquiring the best talent, our plan of action is to invest in the Club for the long-term and build on Chelsea’s remarkable history of success."
Featured Image Credit: AlamyTopics: Chelsea, Football, Premier League
