Ken Bates, a former chairman and owner of Chelsea, passed away at the age of 94, ending the life of one of the most significant individuals in the club’s recent history.

Born in London, Bates purchased Chelsea for £1 in 1982 and served as chairman for 22 years before selling the team to Roman Abramovich in 2003. Later, in 2005, he was appointed chairman and owner of Leeds United.

In a statement, Chelsea acknowledged his passing and honoured his contributions to the team.

“It is with great sadness that we share the news of the loss of Ken Bates, former owner and chairman of Chelsea Football Club,” the club said.

“The club sends our heartfelt condolences to Ken’s wife Suzannah, the rest of his family and his friends.”

Chelsea also commended Bates for his contribution to the club’s transformation during a challenging time.

“Ken’s determination to fight for Chelsea when times were tough, and drive the team on to winning trophies will never be forgotten.”

Bates took over Chelsea in 1982, during a period of financial difficulty, and oversaw substantial development.

During his tenure as chairman, Chelsea won two FA Cups, the League Cup, the UEFA Super Cup, and the Community Shield.

Prior to Abramovich’s arrival, the club had already gained promotion back to the top division and established itself as one of England’s best teams.

After leaving Stamford Bridge in 2003, Bates joined Leeds United two years later, where he played an important part in the club’s recovery from financial difficulties.

His 22-year tenure made him Chelsea’s third-longest-serving chairman and one of the most well-known football administrators of his era.