By Admin | about 2 years ago
Premier League and English Football League have decided to stop transmissions to Russia following Russia’s military invasion of Ukraine, according to The Telegraph.
There are three months left on the contract with Rambler Media but it will be terminated immediately, with none of the clubs expected to stand in their respective league’s way.
Foreign secretary Liz Truss has promised assets of the Russian banks to be frozen and Sberbank, the bank that operates Rambler has already been sanctioned.
The West has wasted no time in isolating Russia from the economic and sporting communities following the military invasion. Russian oligarchs have had their luxury yachts seized and their businesses frozen, with the most notable names affected being Alisher Usmanov and Roman Abramovich.
Usmanov, whose holding company USM has the naming rights for Everton training ground, was recently sanctioned by the European Union. Everton on Wednesday announced that the club has suspended ties with USM, Megafon and Yota - all three companies backed by Usmanov.
Roman Abramovich, the Russian billionaire who famously put Chelsea on the footballing map, confirmed that he is having to put Chelsea up for sale. The net proceeds of this sale will go towards a charity foundation that he will be setting up for the victims of the Ukraine war, he said in a statement.
The Football Association are also planning to follow suit and suspend deals for FA Cup and EFL.