
Russia-Ukraine war: Everton suspends sponsorships with Russian companies
Zee News
Everton have suspended all commercial sponsorship arrangements with the Russian companies USM Holdings, MegaFon and Yota with immediate effect as a result of Russia`s invasion of Ukraine, the Premier League club said on Wednesday.
Everton have suspended all commercial sponsorship arrangements with the Russian companies USM Holdings, MegaFon and Yota with immediate effect as a result of Russia`s invasion of Ukraine, the Premier League club said on Wednesday.
USM Holdings and MegaFon are linked to billionaire and oligarch Alisher Usmanov, who was sanctioned by the European Union for Russia`s invasion of Ukraine. Mobile virtual network operator Yota is part of the MegaFon Group.
Everton had agreed a 30 million pounds ($39.97 million) naming rights deal with Usmanov for their proposed new Bramley-Moore Dock stadium back in 2020. His holding company USM has sponsored Everton`s Finch Farm training ground since 2017.
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