News
Print Article

If Chelsea has a Russian problem – what about Everton?

28/02/2022

The US targeted Alisher Usmanov (b. 1953) in January 2018. The US Treasury included Usmanov [@91] on its list of 96 Russian oligarchs according to Section 241 of the Countering America's Adversaries Through Sanctions Act (CAATSA). However, he was not among the seven oligarchs sanctioned on April 6, 2018, and is currently not featured on any sanctions list.

Will his further involvement be curtailed?

More info…..

Alisher Usmanov is the majority shareholder of MegaFon and owns a controlling stake - and is the founder - of USM, with Ivan Streshinsky and Everton owner Farhad Moshiri also on the board.

As reported January 15, 2020

  1. Russian billionaire Alisher Usmanov has increased his investment in the English soccer team, Everton. He has paid 30 million pounds ($39 million) for the rights to name the club's proposed new Bramley-Moore Dock stadium, the Premier League club's 2018-2019 financial statement
    1. https://evertonfc-static-files.s3.amazonaws.com/evertonfc/document/2020/01/14/61e926a5-926c-4b09-af3a-465e89452f53/CLUB-0650-2019-Report-and-Accounts_FINAL-low-res.pdf
  2. Everton's training facility has since 2017 been sponsored by USM, a holding company established by the 66-year-old Usmanov who is a friend and long-time business partner of Farhad Moshiri, the British-Iranian who is the team's majority shareholder.
  3. Connected with the Kremlin's ruling elite, the Russian tycoon's first foray into English soccer owned a 30-per cent stake in London team Arsenal, which he sold to US national Stan Kreonke for $700 million in cash in August 2018.
  4. His USM, in which Moshiri is invested, now has a deal for the first option of naming rights once the new stadium is near completion.

Alisher Usmanov (b. 1953) is one of Russia's wealthiest businessmen. Forbes magazine estimates his net worth at  $15.3B REAL TIME NET WORTH as of 2/28/22

And as noted earlier in January 2018, the US Treasury included Usmanov [@91] on its list of 96 Russian oligarchs according to Section 241 of the Countering America's Adversaries Through Sanctions Act (CAATSA). However, he was not among the seven oligarchs sanctioned on April 6, 2018, and is currently not featured on any sanctions list.

Sources

https://www.football.london/arsenal-fc/news/alisher-usmanov-expands-everton-investment-19181819

https://info.publicintelligence.net/USTreasury-RussianOligarchs-2018.pdf

https://en.wikipedia.org/wiki/Alisher_Usmanov

https://www.rferl.org/a/russian-tycoon-usmanov-expands-sponsorship-of-english-soccer-team-everton/30377904.html

EU SANCTIONS

The Team

Meet the team of industry experts behind Comsure

Find out more

Latest News

Keep up to date with the very latest news from Comsure

Find out more

Gallery

View our latest imagery from our news and work

Find out more

Contact

Think we can help you and your business? Chat to us today

Get In Touch

News Disclaimer

As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.