{"id":156182,"date":"2022-03-02T16:38:07","date_gmt":"2022-03-02T15:38:07","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=156182"},"modified":"2022-03-02T16:38:07","modified_gmt":"2022-03-02T15:38:07","slug":"ukraine-everton-suspend-sponsorship-agreements-with-russian-billionaire-usmanov","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/03\/02\/ukraine-everton-suspend-sponsorship-agreements-with-russian-billionaire-usmanov\/","title":{"rendered":"Ukraine: Everton suspend sponsorship agreements with Russian billionaire Usmanov"},"content":{"rendered":"<p>English Premier League club Everton on Wednesday said they had \u201csuspended with immediate effect\u201d sponsorship agreements with several companies in which Russian billionaire Alisher Usmanov has a stake, following Russia\u2019s invasion of Ukraine.<\/p>\n<p>\u201cThe club can confirm that it has suspended with immediate effect all commercial sponsorship arrangements with the Russian companies USM, Megafon and Yota,\u201d said an Everton statement.<\/p>\n<p>Uzbek-born Usmanov\u2019s USM Holdings sponsors Everton\u2019s training ground, with an initial five-year deal announced in 2017.<\/p>\n<p>It also has an option on naming rights for the Toffees\u2019 new stadium \u2014 a deal worth \u00a330 million ($40 million) to the Merseyside club.<\/p>\n<p>The 68-year-old Usmanov, an associate of Russian President Vladimir <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/03\/01\/russia-vs-ukraine-putin-must-fail-uk-prime-minister-johnson-vows-to-send-weapons\/\" target=\"_blank\" rel=\"noopener\">Putin<\/a>, had already had his assets frozen by the European Union as part of sanctions imposed in response to Russia\u2019s invasion of Ukraine.<\/p>\n<p>Everton added they were \u201cshocked and saddened by the appalling events unfolding in Ukraine,\u201d as they called for a \u201ctragic situation\u201d to end as soon as possible.<\/p>\n<p>The Toffees have an Ukrainian player in Vitalli Myolenko, with their statement saying they were providing the defender and his family with our \u201cfull support\u201d and \u201cwill continue to do so\u201d.<\/p>\n<p>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.<\/p>\n<p>Usmanov contested the EU punishment while announcing Tuesday he was stepping aside, for the time being, from his position as president of the International Fencing Federation (FIE).<\/p>\n<p>\u201cI believe that such decision is unfair, and the reasons employed to justify the sanctions are a set of false and defamatory allegations damaging my honor (sic), dignity and business reputation,\u201d he wrote in a statement posted on the FIE website.<\/p>\n<p>\u201cI will use all legal means to protect my honor (sic) and reputation.<\/p>\n<p>\u201cI hereby suspend the exercise of my duties as the president of the International Fencing Federation effective immediately until justice is restored.\u201d<\/p>\n<p>The EU declaration said restrictive measures included \u201can asset freeze and a prohibition from making funds available to the listed individuals and entities\u201d.<\/p>\n<p>Describing Usmanov as someone with particularly close ties to Putin, it added: \u201cHe has been referred to as one of Vladimir Putin\u2019s favourite oligarchs.<\/p>\n<p>\u201cHe is considered to be one of Russia\u2019s businessmen-officials, who were entrusted with servicing financial flows, but their positions depend on the will of the President.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>English Premier League club Everton on Wednesday said they had \u201csuspended with immediate effect\u201d sponsorship agreements with several companies in which Russian billionaire Alisher Usmanov has a stake, following Russia\u2019s invasion of Ukraine. \u201cThe club can confirm that it has suspended with immediate effect all commercial sponsorship arrangements with the Russian companies USM, Megafon and [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":156183,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[6],"tags":[12256,31468,31467,5843],"class_list":["post-156182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sports","tag-everton","tag-russian-billionaire-usmanov","tag-sponsorship-agreements","tag-ukraine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ukraine: Everton suspend sponsorship agreements with Russian billionaire Usmanov<\/title>\n<meta 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