UK

Billionaire ex-Arsenal shareholder and former Russian deputy PM hit with sanctions by UK

Russia’s former deputy prime minister and a billionaire who previously held a major stake in football club Arsenal have become the latest oligarchs to be sanctioned by the UK, the Foreign Office said.

Foreign Secretary Liz Truss said Alisher Usmanov, who owned more than 30% of Arsenal before selling up to current owner Stan Kroenke, has been sanctioned.

He had since developed commercial links with fellow Premier League club Everton, but these were suspended on Wednesday.

Former Russian deputy prime minister Igor Shuvalov has also been sanctioned.

He is currently chairman of Russian state-owned development bank VEB.RF, which was one of three Russian banks to be sanctioned by the UK earlier this week.

Articles You May Like

Justin Bieber has just earned £162m – but there’s a pretty big catch
$6.6 billion fintech Wise accused by rival of harming competition
Outraged parents call out school board after 6-year-old allegedly shoots teacher
Lisa Marie Presley’s daughter shares picture of the last time they were together
Ex-Genesis execs claimed they raised millions for crypto hedge fund just as former company neared bankruptcy