The European Union has frozen the account of Alisher Usmanov, a Uzbekistan-born billionaire believed to have close ties with the Russian President, Vladimir Putin.
The sanctions imposed by the EU are in response to Russia’s invasion of Ukraine. Mr Usmanov’s company is one of the sponsors of Everton, a football club based in the United Kingdom.
In 2017, Mr Usmanov’s USM Holdings announced a five-year sponsorship deal of Everton’s training ground. It also has an option on naming rights for the new stadium, a deal worth £30 million to the club.
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