Everton suspend sponsorship deals with companies of Russian billionaire Usmanov

  • 📰 The42_ie
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

Business News News

Business Business Latest News,Business Business Headlines

Everton are suspending sponsorship agreements with three companies in which Russian billionaire Alisher Usmanov has a stake

The Everton crest appearing at Goodison Park. Image: Alamy Stock Photo The Everton crest appearing at Goodison Park. Image: Alamy Stock Photo PREMIER LEAGUE CLUB Everton have said they are suspending, with “immediate effect”, sponsorship agreements with three companies in which Russian billionaire Alisher Usmanov has a stake, following Russia’s invasion of Ukraine.

Everton’s statement added: “The players, coaching staff and everyone working at Everton is providing full support to our player Vitalii Mykolenko and his family and will continue to do so. The 68-year-old Usmanov had already had his assets frozen by the European Union as part of sanctions imposed in response to Russia’s invasion of Ukraine.DIFFERENTLY Get closer to the stories that matter with exclusive analysis, insight and debate in The42 Membership.An update in the Official Journal of the European Union said Usmanov, a long-time business partner of Everton owner Farhad Moshiri, was among the 26 individuals targeted with sanctions on Monday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Suspending or Cancelling?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines