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Russia vs Ukraine: EU Freezes Assets Belonging To Russian Billionaire Linked With Everton

by blank on March 1, 2022 • 3:08 pm25
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Alisher Usmanov, who has sponsorship links to Everton FC, has had his assets frozen as part of sanctions enforced by the European Union (EU) in response to Russia’s invasion of Ukraine.

The Uzbek-born billionaire USM Holdings sponsors Everton’s training ground, with an initial 5-year deal announced back in 2017.

It also has an option on naming rights for the Toffees’ new stadium, a deal worth £30 million (about $40.2 million) to the club.

The EU said in a statement that its Council had “added 26 persons and one entity to the list of persons, entities and bodies subject to restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.”

And a regulation 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.

The statement added that restrictive measures included “an asset freeze and a prohibition from making funds available to the listed individuals and entities”.

Also, a travel ban is applicable to the listed persons and prevents them from entering or transiting through EU territory.

The regulation update describes Usmanov as a “pro-Kremlin oligarch with particularly close ties to Russian President Vladimir Putin.”

It added: “He has been referred to as one of Vladimir Putin’s favourite oligarchs.

“He’s considered to be one of Russia’s businessmen-officials, who were entrusted with servicing financial flows, but their positions depend on the will of the president.”

The post Russia vs Ukraine: EU Freezes Assets Belonging To Russian Billionaire Linked With Everton appeared first on Naijaloaded | Nigeria’s Most Visited Music & Entertainment Website.


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25 Comments Drop a Comment
  1. Etengeabasi

    - Mar 1, 2022 at 11:07 pm

    What’s the need

  2. Solomon001

    - Mar 1, 2022 at 10:50 pm

    Why na wetin join the billionaire with the government issue

  3. stephenjason836

    - Mar 1, 2022 at 10:35 pm

    Hmnmnn

  4. Victorjohn77

    - Mar 1, 2022 at 8:19 pm

    Issokay

  5. Tweeni2k

    - Mar 1, 2022 at 8:00 pm

    The innocent bleed the most

  6. Abson Ismail ngulde

    - Mar 1, 2022 at 6:55 pm

    Russia

  7. Aza man

    - Mar 1, 2022 at 5:56 pm

    Na them sabi

  8. 3godstime_

    - Mar 1, 2022 at 4:17 pm

    Na their p be dat

  9. Princess

    - Mar 1, 2022 at 3:51 pm

    We have heard. It’s ohkay.

  10. Maxberry

    - Mar 1, 2022 at 3:37 pm

    Nah then know

  11. Swann09

    - Mar 1, 2022 at 3:33 pm

    President Putin’s fault.

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