Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Badenoch sets sights on battle with the Bank

      Breaking news scene featuring a diverse group of professionals discussing important developments in a modern office setting

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Advertising at World Cup: Levi’s genius, hydration breaks and dodging rules

      Breaking news event with diverse crowd gathered outside urban office building on sunny day, capturing vibrant city life.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Procter & Gamble axes relationship with Kremlin propaganda channel

      007 PG news article image featuring a business meeting with executives discussing strategy at a modern conference table

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Wednesday 02 March 2022 2:31 pm  |  Updated:  Wednesday 02 March 2022 5:21 pm

Ukraine: Everton suspend arrangements with Russian linked billionaire

By: Matt Hardy

Deputy Sports Editor - CityAM

Add as a preferred source on Google
Billionaire Alisher Usmanov has been sanctioned by the European Union while Everton have suspended ties with the Uzbek-born oligarch
Billionaire Alisher Usmanov has been sanctioned by the European Union while Everton have suspended ties with the Uzbek-born oligarch (Photo by Oli Scarff/Getty Images)

Premier League side Everton have suspended their commercial sponsorship arrangements with all Alisher Usmanov owned companies.

The Russian billionaire is on a list of people who have had their assets frozen by the European Union in response to Russia’s invasion of Ukraine.

Usmanov owns USM Holdings, who sponsor Everton’s training ground and has Everton owner Farhad Moshiri as its chair.

In a statement, the club said: “Everyone at Everton remains shocked and saddened by the appalling events unfolding in Ukraine.

“This tragic situation must end as soon as possible, and any further loss of life must be avoided.

“The club can confirm that it has suspended with immediate effect all commercial sponsorship arrangements with the Russian companies USM, Megafon and Yota.”

The UK government have not yet sanctioned Usmanov.

Everton sit just one point above the relegation zone in 17th place and play Boreham Wood in the FA Cup tomorrow evening.

Read more

SailGP complete sale of last team in fleet to former McLaren and Everton investors

Breaking news event with diverse crowd of journalists and photographers capturing a press conference at a business summit.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Life&Style

Categories

  • Sport
  • Sport Business

Related Topics

  • Premier League football

Trending Articles

  • Who could be Andy Burnham’s Chancellor? 

  • As it happened: Stocks recover after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal

  • As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale

  • Coca-Cola brings in restructuring lineup over failed Costa sale

  • Reeves’ new tax charge on cash ISAs faces fierce industry backlash

More from CityAM

  • SailGP complete sale of last team in fleet to former McLaren and Everton investors

    Sport Business
    Breaking news event with diverse crowd of journalists and photographers capturing a press conference at a business summit.
  • Everton ‘surprised and angered’ at losing £40m legal case with Burnley

    Sport Business
    GettyImages 2272351712 showing a business meeting with diverse professionals discussing strategies around a conference table
  • Manchester City and Chelsea boosted by lawyer’s compensation claims verdict

    Sport Business
    Business professional speaking at a conference podium with a projected presentation slide in the background.
  • Everton chief calls for full review of England academy talent funding

    Sport Business
    Getty Images logo displayed on a digital screen with vibrant colors, symbolizing media and photography expertise.
  • Como 1907: How to make it on the lake with tourist fans and fashion

    Sport Business
    GettyImages 2231827196 showing a significant event or landmark relevant to the latest news in General category
  • Liverpool have the most valuable front-of-shirt deal in the Premier League

    Sport Business
    Getty Images logo on a modern office building facade, symbolizing global media influence and corporate presence
  • As it happened: Starmer dealt defence blow as investors react

    Markets
    Healey and Starmer engage in discussion at a public event, focusing on key policy issues and future strategies.
  • Billionaire IWG founder Mark Dixon steps down as chief executive

    Property
    Mark Dixon, CEO of IWG, in a business setting discussing flexible workspace solutions and future industry trends.

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies